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Horace Mann Educators HMN Experience life — Change in cash flow assumptions

Other product segments

Limited-Pay Whole Life
$0
SPIA (life contingent)
$0
Term Life
$0

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UNMColonial Life — Effect of changes in cash flow assumptions
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JXNPayout Annuities — Effect of changes in cash flow assumptions
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JXNClosed Block Annuity — Effect of changes in cash flow assumptions
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VOYABusinesses Exited — Effect of change in cash flow assumptions
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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$2.1B+21.9%
Enterprise value$2.65B+18.7%
P/E11.9×-0.5×
P/S1.2×+0.2×

Profitability

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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:LiabilityForFuturePolicyBenefitExpectedNetPremiumCumulativeIncreaseDecreaseFromCashFlowChange.

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
($ in millions)Whole LifeTerm LifeExperience Life(1)Limited-Pay Whole LifeSupplemental Health(2)SPIA (life contingent)
Balance at April 1, 2026$222.2$242.8$64.6$34.0$187.2
April 1, 2026 balance at original discount rate252.4259.963.235.9215.7
Effect of:
Change in cash flow assumptions
Actual variances from expected experience(0.4)(0.1)(0.8)1.4
Adjusted balance at April 1, 2026252.0259.862.435.9217.1
Issuances(3)2.85.50.54.7
Interest accruals(4)2.12.80.90.31.8

Item 1. Consolidated Financial Statements

FAQ

What is Horace Mann Educators's experience life — change in cash flow assumptions?
Horace Mann Educators (HMN) reported experience life — change in cash flow assumptions of $0 in Q1 2026.
What does experience life — change in cash flow assumptions mean?
Reflects the financial impact of updating actuarial assumptions regarding future policyholder behavior, mortality, or expense patterns. Changes in these assumptions directly influence the valuation of future policy benefit liabilities. It serves as an indicator of management's evolving view on long-term risk and profitability within the life insurance portfolio.

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