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Horace Mann Educators HMN Indexed Universal Life — Interest credited

Other product segments

Experience life
$700K0.0%

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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$2.19B+26.6%
Enterprise value$2.73B+22.4%
P/E12.3×0.0×
P/S1.3×+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:InterestCreditedToPolicyholdersAccountBalances.

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)Three Months Ended June 30, 2026 / Indexed Universal LifeThree Months Ended June 30, 2026 / Experience Life(1)Three Months Ended June 30, 2026 / Fixed Account AnnuitiesThree Months Ended June 30, 2026 / Fixed Indexed Account AnnuitiesThree Months Ended June 30, 2026 / SPIA (non-life contingent)
Surrenders and withdrawals(3)(0.5)(1.1)(88.4)(10.1)(0.2)
Benefit payments(4)(0.4)(0.3)(17.1)(0.4)(1.2)
Net transfers from (to) separate account0.25.3(0.2)
Interest credited(5)2.00.742.75.60.2
Other(1.3)3.9(2.1)
Balance at June 30, 2026$107.9$52.8$4,469.0$360.7$25.8
Weighted-average crediting rate8.2%5.3%3.9%6.4%3.4%
Net amount at risk(6)$22.2

Item 1. Consolidated Financial Statements

FAQ

What is Horace Mann Educators's indexed universal life — interest credited?
Horace Mann Educators (HMN) reported indexed universal life — interest credited of $2M in Q2 2026.
How has Horace Mann Educators's indexed universal life — interest credited changed year-over-year?
Horace Mann Educators's indexed universal life — interest credited increased by 150.0% year-over-year, from $800K to $2M.
What is the long-term trend for Horace Mann Educators's indexed universal life — interest credited?
Over 3 years (2022 to 2025), Horace Mann Educators's indexed universal life — interest credited has grown at a 79.2% compound annual growth rate (CAGR), from $800K to $4.6M.
What does indexed universal life — interest credited mean?
The total interest added to policyholder account balances based on the performance of the underlying index or contractual crediting rates. This represents a significant cost of funds for the insurer and a key value proposition for the policyholder.

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