The Hartford Financial Services Group Inc. said yesterday that net income rose 68 percent in the 2006 fourth quarter, helped by record property-casualty underwriting and low catastrophe costs.

Hartford said net earnings were $783 million compared with $467 million in the year-earlier quarter.

For the entire year, the company reported a 21 percent increase in net income to $2.7 billion, compared with $2.3 billion for 2005.

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