The number of accident claims involving cyclists received by insurance firm AIG has doubled in the three years from 2010 to last year.
The firm noted that cycling has increased in popularity, and the growing number of cyclists seems to coincide with the rise in accidents.
In the first half of this year, the number of cyclist-related motor accidents exceeded the total for last year by 30 per cent, said AIG.
AIG Singapore vice-president Wong Siew Lee, who heads the motor insurance business, said: "We've seen a significant increase in bodily injury claims involving motorists and cyclists over the past year. This is a rising trend which road users need to be aware of. We encourage everyone to take extra care on the roads."