US insurer Travelers Property Casualty Corporation has posted a 25% rise in net income as increased premiums offset higher claims.
The group reported net income for the second quarter of $441.2m (£277.4m), compared with $332m (£202m) a year earlier.
The combined ratio - a measure of its underwriting performance - fell to 95.5% from 99.4% a year earlier.
Chairman and chief executive Robert Lipp said: "Premiums continue to benefit from higher levels of new business in targeted markets ... and renewal price increases that continue to outpace loss cost trends across all lines."
The group said it expected net income for the full-year to be up to $1.75bn (£1.1bn).
