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Horace Mann Educators HMN Cancer — Liability for Future Policy Benefit, after Reinsurance

Other product segments

Experience life
$717.2M-3.4%
Term Life
$127.1M+5.4%
SPIA (life contingent)
$87.5M-6.3%
Other
$80.9M-3.9%
Limited-Pay Whole Life
$54.5M+2.6%
Disability
$21M-5.0%
Accident
$17.2M-7.5%

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$710M-6.5%

Other financials

Income statement

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Revenue$443.5M+7.7%
Net income$41.6M+41.5%
EPS (diluted)$1.01+42.3%

Balance sheet

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Cash & equivalents$46.2M+13.0%
Total debt$594.2M+8.5%
Total equity$1.5B+10.5%
Total assets$15.6B+5.9%

Cash flow

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Operating cash flow$223.7M+70.4%

Valuation

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Market cap$2.19B+26.6%
Enterprise value$2.73B+22.4%
P/E12.3×0.0×
P/S1.3×+0.2×

Profitability

See full
Net margin10.2%+1.7pp

Returns & leverage

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Return on equity12.4%+1.5pp
Debt / equity0.4×0.0×

Where this comes from

Reported directly by Horace Mann Educators in its filing.

Tagged under the XBRL concept us-gaap:LiabilityForFuturePolicyBenefitAfterReinsurance.

The source filing: Horace Mann Educators’s 10-Q, filed August 7, 2026.

Filed
Aug 7, 2026, 12:31 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000850141-26-000033

(2) As of June 30, 2026, the net LFPB for Supplemental Health was $64.7 million for cancer, $17.2 million for accident, $21.0 million for disability and $80.9 million for other supplemental health policies.

Item 1. Consolidated Financial Statements

FAQ

What is Horace Mann Educators's cancer — liability for future policy benefit, after reinsurance?
Horace Mann Educators (HMN) reported cancer — liability for future policy benefit, after reinsurance of $64.7M in Q2 2026.
How has Horace Mann Educators's cancer — liability for future policy benefit, after reinsurance changed year-over-year?
Horace Mann Educators's cancer — liability for future policy benefit, after reinsurance decreased by 6.8% year-over-year, from $69.4M to $64.7M.
What is the long-term trend for Horace Mann Educators's cancer — liability for future policy benefit, after reinsurance?
Over 2 years (2023 to 2025), Horace Mann Educators's cancer — liability for future policy benefit, after reinsurance has grown at a -15.0% compound annual growth rate (CAGR), from $380.2M to $274.8M.
What does cancer — liability for future policy benefit, after reinsurance mean?
This metric represents the net actuarial estimate of the present value of future benefits payable to policyholders under cancer-specific supplemental health insurance contracts, adjusted for reinsurance recoverables. It reflects the company's long-term financial obligation to cover future claims for this specific product line, accounting for expected mortality, morbidity, and lapse rates. Monitoring this liability is essential for assessing the adequacy of reserves and the long-term profitability of the supplemental health insurance segment.

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