annus horribilis
But in spite of the challenges, the beleaguered insurer believes there are brighter times ahead, in large part due to the efforts of its 12,000 appointed agents. AA&B spoke with Juan Andrade, executive vice president for sales and distribution, about what lies ahead for The Hartford and its independent agent and broker partners.
AA&B
Andrade: While it's true that we've been in the news a lot over the last 9 months or so, the good news is that we're in a very good place from a capital standpoint. While we recently accepted $3.4 billion from TARP, we also have an additional $3.4 billion on hand as a cushion to get through any downturn and $15 billion in liquidity, so we can withstand anything the economy turns our way.
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