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Horace Mann Educators HMN Life & Retirement — Ceded Premiums Earned

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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

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:CededPremiumsEarned.

The source filing: Horace Mann Educators’s 10-K, filed February 27, 2026.

Filed
Feb 27, 2026, 1:09 PM EST
Fiscal year
FY2025
Accession
0000850141-26-000007
Column A / Year Ended December 31, 2025Column B / Direct(1)AmountColumn C / Ceded to Other CompaniesColumn D / Assumedfrom Other CompaniesColumn E / Net AmountColumn F / Percentageof Amount Assumed to Net
Life insurance in force$46,536.6$11,578.7$34,957.9
Premiums
Property & Casualty$806.8$20.9$16.7$802.62.1%
Life & Retirement165.36.7158.6
Supplemental & Group Benefits286.630.711.3267.24.2%
Total premiums$1,258.7$58.3$28.0$1,228.42.3%
Year Ended December 31, 2024
Life insurance in force$37,107.3$10,012.3$27,095.0

ITEM 15. I Exhibits and Financial Statement Schedules

FAQ

What is Horace Mann Educators's life & retirement — ceded premiums earned?
Horace Mann Educators (HMN) reported life & retirement — ceded premiums earned of $1.68M in Q4 2025.
How has Horace Mann Educators's life & retirement — ceded premiums earned changed year-over-year?
Horace Mann Educators's life & retirement — ceded premiums earned increased by 1.5% year-over-year, from $1.65M to $1.68M.
What is the long-term trend for Horace Mann Educators's life & retirement — ceded premiums earned?
Over 4 years (2021 to 2025), Horace Mann Educators's life & retirement — ceded premiums earned has grown at a -19.7% compound annual growth rate (CAGR), from $16.1M to $6.7M.
What does life & retirement — ceded premiums earned mean?
Represents the portion of earned premiums that the insurance segment has transferred to reinsurers under reinsurance contracts. This metric indicates the company's reliance on risk-sharing agreements to manage exposure and capital requirements.

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