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Litigation Insurance

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Litigation Insurance in Singapore

A principal seat for international arbitration in Asia.

The forum

SG

Singapore

1.29° N · 103.85° E

  • Arbitral security orders
  • Costs shifting
  • Cross-border enforcement

Illustrative. The forum decides which exposures exist at all: its costs rules, its approach to security and how its judgments travel.

How can litigation insurance work in Singapore?

A principal seat for international arbitration in Asia. That can shape which exposures dominate — arbitral security orders, costs shifting, cross-border enforcement — and therefore which structures may be considered. Availability, admitted status and enforceability of any instrument depend on the forum and on policy terms, and are confirmed matter by matter, subject to underwriting.

On this page2 min read
  1. Forum file
  2. Common risk types
  3. Relevant products
  4. Key considerations
  5. Enforcement
  6. Frequently asked

Forum file

Singapore

SG

Costs rule
Loser pays
Weight of adverse costs
High
What tends to dominate
Arbitral security; enforcement

Risks to check first

  • Arbitral security orders
  • Costs shifting
  • Cross-border enforcement

Structure may follow the procedural rules of the forum, not the parties' nationality. General orientation, not advice; rules have exceptions.

Common risk types

Costs generally follow the event.

As a leading arbitral seat, Singapore sees frequent security for costs requests in arbitration and cross-border enforcement questions.

Relevant products

  • Arbitration ATE and award insurance
  • Security for costs cover in arbitration and SICC proceedings
  • Capital protection for funders

Key considerations

Third-party funding is permitted for international arbitration and has been extended to domestic arbitration and certain Singapore International Commercial Court proceedings.

Conditional fee agreements are permitted in those proceedings, subject to rules. Funded parties may need to disclose the funding.

Enforcement

Singapore is a New York Convention state, and its courts are generally regarded as supportive of arbitration and enforcement.

Frequently asked

Is litigation funding allowed in Singapore?

Third-party funding is permitted for international arbitration and has been extended to domestic arbitration and certain Singapore International Commercial Court proceedings, subject to conditions.

Does the loser pay costs in Singapore?

Generally yes, costs follow the event, subject to the court's or tribunal's discretion.

Can lawyers in Singapore act on a conditional fee?

Conditional fee agreements are permitted in international and domestic arbitration and certain Singapore International Commercial Court proceedings, subject to rules.

Must funding be disclosed in Singapore arbitrations?

Lawyers are required to disclose the existence of third-party funding and the funder's identity in the relevant proceedings.

Is Singapore a New York Convention state?

Yes, so Singapore-seated awards can be enforced in other contracting states, and foreign awards can be enforced in Singapore.

General information only. This page is not legal, financial, investment or insurance advice. Any insurance is subject to underwriting and to the terms of the policy wording issued.

Keep reading

Understand the exposure.

Technical analysis of litigation risk, how cover is underwritten and what drives cost — written for general counsel, funders, law firms and investors.

General information only. It is not advice and not an offer of insurance.