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Horace Mann Educators HMN Experience life — Interest accruals
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Where this comes from
Reported directly by Horace Mann Educators in its filing.
Tagged under the XBRL concept us-gaap:LiabilityForFuturePolicyBenefitExpectedFuturePolicyBenefitInterestExpense.
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 Life | Term Life | Experience Life(1) | Limited-Pay Whole Life | Supplemental Health(2) | SPIA (life contingent) |
|---|---|---|---|---|---|---|
| Actual variances from expected experience | (0.5) | — | (1.2) | 0.1 | 1.3 | (0.1) |
| Adjusted balance at April 1, 2026 | 615.3 | 432.5 | 755.9 | 118.6 | 465.2 | 101.6 |
| Issuances | 2.8 | 5.6 | — | 0.5 | 4.7 | — |
| Interest accruals | 5.4 | 4.5 | 11.1 | 1.1 | 3.5 | 1.0 |
| Benefit payments(6) | (7.0) | (5.2) | (16.1) | (0.9) | (9.1) | (2.9) |
| June 30, 2026 balance at original discount rate | 616.5 | 437.4 | 750.9 | 119.3 | 464.3 | 99.7 |
| Effect of changes in discount rate assumptions | (114.8) | (44.4) | 30.0 | (29.5) | (86.7) | (8.2) |
| Balance at June 30, 2026 | 501.7 | 393.0 | 780.9 | 89.8 | 377.6 | 91.5 |
Item 1. Consolidated Financial Statements
FAQ
- What is Horace Mann Educators's experience life — interest accruals?
- Horace Mann Educators (HMN) reported experience life — interest accruals of $11.1M in Q2 2026.
- How has Horace Mann Educators's experience life — interest accruals changed year-over-year?
- Horace Mann Educators's experience life — interest accruals decreased by 3.5% year-over-year, from $11.5M to $11.1M.
- What is the long-term trend for Horace Mann Educators's experience life — interest accruals?
- Over 3 years (2021 to 2025), Horace Mann Educators's experience life — interest accruals has grown at a -1.6% compound annual growth rate (CAGR), from $47.9M to $45.7M.
- What does experience life — interest accruals mean?
- This metric quantifies the interest credited to policyholder accounts or the accretion of insurance contract liabilities over time. It reflects the cost of capital associated with long-term insurance obligations and the impact of interest rate environments on policyholder benefits. Consistent accruals are essential for maintaining the solvency and attractiveness of interest-sensitive life insurance products.
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