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Horace Mann Educators HMN Life Contingent SPIA Retirement Insurance — Interest accruals

Other product segments

Experience Life Insurance
$11.3M-1.7%
Term Life Insurance
$4.3M0.0%
Limited Pay Whole Life Insurance
$1.2M+9.1%

Similar metrics at other companies

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AMPLife Contingent Payout Annuities — Interest accrual
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APOPayout Annuities with Life Contingencies — Interest accrual
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KMPRTerm Life Insurance — Interest Accrual
$7.3M0.0%
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GLLife — Interest accrual
$347.59M+0.8%
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AMPLife Contingent Payout Annuities — Interest Expense
$14M0.0%
Corebridge Financial logo
CRBGLife Insurance — Interest accrual
$197M-1.5%

Other financials

Income statement

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Revenue$429.3M+3.1%
Net income$41.2M+7.9%
EPS (diluted)$1.00+8.7%

Balance sheet

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Cash & equivalents$20.9M-31.0%
Total debt$593.8M+8.5%
Total equity$1.5B+9.5%
Total assets$15.0B+4.0%

Cash flow

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Operating cash flow$61.3M-56.5%

Valuation

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Market cap$2.04B-1.1%

Profitability

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Net margin9.6%+2.6pp

Returns & leverage

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Return on equity11.7%+2.8pp
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:LiabilityForFuturePolicyBenefitExpectedFuturePolicyBenefitInterestExpense.

The official record: Horace Mann Educators’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Horace Mann Educators's life contingent SPIA retirement insurance — interest accruals?
Horace Mann Educators (HMN) reported life contingent SPIA retirement insurance — interest accruals of $1M in Q1 2026.
How has Horace Mann Educators's life contingent SPIA retirement insurance — interest accruals changed year-over-year?
Horace Mann Educators's life contingent SPIA retirement insurance — interest accruals decreased by 0.0% year-over-year, from $1M to $1M.
What is the long-term trend for Horace Mann Educators's life contingent SPIA retirement insurance — interest accruals?
Over 3 years (2021 to 2025), Horace Mann Educators's life contingent SPIA retirement insurance — interest accruals has grown at a -3.1% compound annual growth rate (CAGR), from $4.5M to $4.1M.
What does life contingent SPIA retirement insurance — interest accruals mean?
This represents the periodic interest expense added to the annuity liability balance based on the guaranteed or credited rates promised to policyholders. It reflects the cost of capital associated with maintaining these long-term retirement obligations. Tracking this metric helps investors understand the impact of interest rate environments on the company's ongoing liability growth.