Goshawk Insurance Holdings has revealed that the capital available to its Bermudan operation, GoshawK Re, has been increased to $240m (£153m).

Goshawk Insurance Holdings has revealed that the capital available to its Bermudan operation, Goshawk Re, has been increased to $240m (£153m).

A Goshawk statement said that the increase was agreed with Barclays Bank.

Goshawk chief executive Chris Fagan said: "We are pleased to have increased Goshawk Re's capital and surplus to over $240m (£153m).

"This is part of our commitment to increase the scale of our reinsurance business, which continues to enjoy strong trading conditions."

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