The total and partial lockdowns implemented by the government to curb the spread of COVID-19 have been reflected in the performance of insurance companies in Jordan.
The lockdowns restricted the movement of vehicles and consequently led to a fall in the number of traffic accidents, including injuries and deaths resulting from the crashes.
Insurance companies have benefitted from the lower number of traffic accidents as there was a significant decrease in the compensation amounts paid to policyholders.
The accident rate stood at 23.2 accidents per day last year, compared to 29.7 in 2019, according to Al Ghad, quoting data from the Public Security Directorate. The number of deaths resulting from traffic accidents decreased by 27.8%, to 1.3 deaths per day during 2020 compared to 1.8 deaths per day in 2019.
An expert in security affairs, Bashir Al-Daajah, says that the measures taken by the government to stop the spread of the coronavirus “were a major reason for the decline in the number of car accidents and resulting injuries, deaths and material damage to public and private properties”.