"When all relevant ICD-10 codes are used, fatalities by time spent travelling vary within similar ranges for walking, cycling and driving. Risks for drivers were highest in youth and fell with age, while for pedestrians and cyclists, risks increased with age. For the young, especially males, cycling is safer than driving."
http://www.plosone.org/article/info%3Adoi%2F10.1371%2Fjournal.pone.0050606
{Edit, I now see that road.cc covered this early in the year, so we may already have discussed. apols if flogging dead horse. I'd not looked at the actual article previously)