SINGAPORE - In a rare move, motor insurer AIG has decided not to insure McLaren sports cars when they are driven across the Causeway.

The move comes after a recent crash in Johor involving three McLarens when a group of the British sportscars were heading south towards Kluang on Oct 29, 2023. No one was injured in the incident.

In a correspondence to an insurance broker, AIG said its decision came on the back of "an exceptional increase in frequency of severe accidents involving McLaren vehicles in Malaysia". From April 1, 2024, the insurer said it will not be liable for losses arising from accidents occurring outside of Singapore.