AIG’s referenced liability wording includes a subrogation condition. The exact rights and obligations must be read in the applicable policy.
Before signing a customer or supplier contract that waives recovery rights, ask your adviser to check the insurance implications.
Preserve evidence after a loss. Avoid agreeing releases or settlements without checking the claims instructions and obtaining any required consent.
Sources
- AIG Singapore: Commercial General Liability policy wording
Pages 3, 6–9 and 18: contract, schedule, liability limits, defence costs, deductible and subrogation.
Reviewed 23 October 2026 · Source details