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Horace Mann Educators HMN Supplemental & Group Benefits — 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

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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: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
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
Premiums

ITEM 15. I Exhibits and Financial Statement Schedules

FAQ

What is Horace Mann Educators's supplemental & group benefits — ceded premiums earned?
Horace Mann Educators (HMN) reported supplemental & group benefits — ceded premiums earned of $7.68M in Q4 2025.
How has Horace Mann Educators's supplemental & group benefits — ceded premiums earned changed year-over-year?
Horace Mann Educators's supplemental & group benefits — ceded premiums earned decreased by 29.9% year-over-year, from $10.95M to $7.68M.
What is the long-term trend for Horace Mann Educators's supplemental & group benefits — ceded premiums earned?
Over 4 years (2021 to 2025), Horace Mann Educators's supplemental & group benefits — ceded premiums earned has grown at a 100.5% compound annual growth rate (CAGR), from $1.9M to $30.7M.
What does supplemental & group benefits — ceded premiums earned mean?
Represents the portion of earned premiums that the company has transferred to reinsurers under reinsurance contracts. By ceding premiums, the company reduces its exposure to large losses in exchange for a share of the premium revenue. Monitoring this helps investors understand the company's risk management strategy and the net retention of its insurance portfolio.

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