i-law

Insurance Day

Tiernan ‘chewed out’ by Washington over Strait of Hormuz

The Lloyd’s market was accused by the US of ‘not stepping up to the plate’ over war risk cover, chief executive reveals

PATRICK Tiernan clashed with Washington over the availability of cover for the Strait of Hormuz during the early days of the war, the Lloyd’s chief executive has revealed.

The rest of this document is only available to i-law.com online subscribers.

If you are already a subscriber, click Log In button.

Copyright © 2026 Maritime Insights & Intelligence Limited. Maritime Insights & Intelligence Limited is registered in England and Wales with company number 13831625 and address 5th Floor, 10 St Bride Street, London, EC4A 4AD, United Kingdom. Lloyd's List Intelligence is a trading name of Maritime Insights & Intelligence Limited.

Lloyd's is the registered trademark of the Society Incorporated by the Lloyd's Act 1871 by the name of Lloyd's.