Hartford reports 35% jump in Q2 net income to $990M, driven by premium and insurance earnings growth.

The Hartford reported a 35% jump in second-quarter net income to $990 million, driven by an 8% rise in property and casualty written premiums and a 29% increase in business insurance segment earnings. The company also saw improvements in its combined ratio and returned $549 million to shareholders, despite sales falling short of analyst expectations. The strong results pushed its shares up by 1% in after-hours trading.