Goshawk has reported a loss of $500,000 loss at its interim...

Goshawk has reported a loss of $500,000 at its interim results for the six months ending 30 June 2005.

The loss comes after the company reported a $9.2m profit for the same period in 2004.

Goshawk said profits had been negatively impacted by business interruption losses arising from hurricane Ivan which hit the US offshore marine markets.

The insurer also reported a fall in operating profits from $8m to $4.7m.

It put early estimates for hurricane Katrina losses between $25m and $30m.

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