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Horace Mann Educators HMN Supplemental health — Beginning balance at original discount rate

Other product segments

Experience life
$757.1M-2.5%
Term Life
$432.5M-1.1%
Limited-Pay Whole Life
$118.5M+3.0%
SPIA (life contingent)
$101.7M-4.1%

Similar metrics at other companies

Equitable Holdings logo
EQHHealth — Liability for Future Policy Benefit, Expected Future Policy Benefit, Original Discount Rate, before Cash Flow and Reinsurance
$1.43B-6.0%
Globe Life logo
GLHealth — Liability for Future Policy Benefit, Expected Future Policy Benefit, Original Discount Rate, before Cash Flow and Reinsurance
$10.68B+17.5%
MetLife logo
METAccident & health insurance — Discounted - Expected future benefit payments (at current discount rate at balance sheet date)
2,166,300,000,000%-555,500,000,000pp
KKR & Co. logo
KKROther — Liability for Future Policy Benefit, Expected Future Policy Benefit, Original Discount Rate, before Cash Flow and Reinsurance
$9.45B+1.7%
Globe Life logo
GLOther — Liability for Future Policy Benefit, Expected Future Policy Benefit, Original Discount Rate, before Cash Flow and Reinsurance
365,970,100,000%+5,937,900,000pp
Equitable Holdings logo
EQHHealth — Liability for Future Policy Benefit, Expected Net Premium, Original Discount Rate, before Cash Flow and Reinsurance
-$23M+14.8%

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:LiabilityForFuturePolicyBenefitExpectedFuturePolicyBenefitOriginalDiscountRateBeforeCashFlowAndReinsurance.

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 supplemental health — beginning balance at original discount rate?
Horace Mann Educators (HMN) reported supplemental health — beginning balance at original discount rate of $463.9M in Q1 2026.
How has Horace Mann Educators's supplemental health — beginning balance at original discount rate changed year-over-year?
Horace Mann Educators's supplemental health — beginning balance at original discount rate decreased by 3.4% year-over-year, from $480.1M to $463.9M.
What is the long-term trend for Horace Mann Educators's supplemental health — beginning balance at original discount rate?
Over 2 years (2023 to 2025), Horace Mann Educators's supplemental health — beginning balance at original discount rate has grown at a -5.0% compound annual growth rate (CAGR), from $2.09B to $1.89B.
What does supplemental health — beginning balance at original discount rate mean?
Represents the opening carrying value of the liability for future policy benefits, calculated using the original discount rate established at the inception of the insurance contracts. This metric provides a baseline for tracking the long-term actuarial obligations of the supplemental health segment before subsequent adjustments. It is essential for understanding the stability and initial valuation of long-duration insurance liabilities.