The Hartford Financial Services Group reported second-quarter net income rose 32 percent compared with the same year-ago period.

The carrier reported net income of $627 million, or $1.96 per diluted share, compared with $476 million, or $1.52 per diluted share for the 2006 period.

Hartford Chairman Ramani Ayer expressed satisfaction with the quarter's 17 percent return on equity and "double-digit book value per share growth over the last 12 months."

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