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Horace Mann Educators HMN Supplemental health — Adjusted balance

Other product segments

Term Life
$259.8M-4.3%
Experience life
$62.4M-5.9%
Limited-Pay Whole Life
$35.9M-1.1%
SPIA (life contingent)
$0

Similar metrics at other companies

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METAccident & health insurance — Adjusted balance
1,817,000,000,000%-45,000,000,000pp
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METFixed Annuity — Adjusted balance
1,159,200,000,000%+246,000,000,000pp
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METFixed & Immediate Annuities — Adjusted balance
8,146,800,000,000%+1,192,500,000,000pp
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METLong-term Care — Adjusted balance
2,159,700,000,000%+54,700,000,000pp
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METWhole and Term Life & Endowments — Adjusted balance
1,534,600,000,000%+13,700,000,000pp
Jackson Financial logo
JXNPayout Annuities — Balance adjusted for variances from expectation
$0

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$2.1B+21.9%
Enterprise value$2.65B+18.7%
P/E11.9×-0.5×
P/S1.2×+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:LiabilityForFuturePolicyBenefitExpectedFutureBenefitOriginalDiscountRateBeforeReinsuranceAfterCashFlowChange.

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)Whole LifeTerm LifeExperience Life(1)Limited-Pay Whole LifeSupplemental Health(2)SPIA (life contingent)
Effect of:
Changes in cash flow assumptions
Actual variances from expected experience(0.5)(1.2)0.11.3(0.1)
Adjusted balance at April 1, 2026615.3432.5755.9118.6465.2101.6
Issuances2.85.60.54.7
Interest accruals5.44.511.11.13.51.0
Benefit payments(6)(7.0)(5.2)(16.1)(0.9)(9.1)(2.9)
June 30, 2026 balance at original discount rate616.5437.4750.9119.3464.399.7

Item 1. Consolidated Financial Statements

FAQ

What is Horace Mann Educators's supplemental health — adjusted balance?
Horace Mann Educators (HMN) reported supplemental health — adjusted balance of $465.2M in Q1 2026.
How has Horace Mann Educators's supplemental health — adjusted balance changed year-over-year?
Horace Mann Educators's supplemental health — adjusted balance decreased by 2.9% year-over-year, from $479.1M to $465.2M.
What does supplemental health — adjusted balance mean?
The adjusted balance represents the net carrying value of the supplemental health insurance liability after accounting for all periodic updates, including discount rate changes and experience adjustments. It serves as the comprehensive measure of the company's total financial obligation to policyholders within this segment. This balance is essential for determining the capital adequacy and reserve strength of the supplemental health product line.

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