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Horace Mann Educators HMN SPIA (life contingent) — Current discount rate

Other product segments

Limited-Pay Whole Life
6%+3.4%
Experience life
5.6%+1.8%
Term Life
5.6%+3.7%

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GELife — Current discount rate
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Kemper logo
KMPRTerm Life Insurance — Current Discount Rate
5.9%+0.2pp
Globe Life logo
GLAmerican Income — Current discount rate
10.8%+0.3pp
Cincinnati Financial logo
CINFTerm Life Insurance — Current discount rate
5.1%+0.2pp

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+18.8%
Enterprise value$2.61B+17.0%
P/E12.4×-2.6×
P/S1.2×+0.1×

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:LiabilityForFuturePolicyBenefitCurrentWeightedAverageDiscountRate.

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 SPIA (life contingent) — current discount rate?
Horace Mann Educators (HMN) reported SPIA (life contingent) — current discount rate of 5.4% in Q1 2026.
How has Horace Mann Educators's SPIA (life contingent) — current discount rate changed year-over-year?
Horace Mann Educators's SPIA (life contingent) — current discount rate increased by 1.9% year-over-year, from 5.3% to 5.4%.
What is the long-term trend for Horace Mann Educators's SPIA (life contingent) — current discount rate?
Over 3 years (2022 to 2025), Horace Mann Educators's SPIA (life contingent) — current discount rate has grown at a 4.0% compound annual growth rate (CAGR), from 18.6% to 20.9%.
What does SPIA (life contingent) — current discount rate mean?
This metric is the prevailing discount rate used to value the present value of future policy benefits for the annuity segment at the current reporting date. Changes in this rate directly impact the valuation of insurance liabilities and the resulting financial position.