Skip to content
Screener

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

Other product segments

Experience life
$750.9M-2.7%
Term Life
$437.4M-1.1%
Limited-Pay Whole Life
$119.3M+2.5%
SPIA (life contingent)
$99.7M-5.2%

Similar metrics at other companies

General Electric logo
GELife — Beginning balance at locked-in discount rate
$2.48B-54.5%
Corebridge Financial logo
CRBGBeginning balance at original discount rate
$66.83B+3.6%
CNO Financial Group logo
CNOBeginning balance at original discount rate
$20.26B+3.1%
General Electric logo
GELong-term care — Beginning balance at locked-in discount rate
$27.97B+1.6%
General Electric logo
GEStructured settlement annuities — Beginning balance at locked-in discount rate
$7.93B-3.2%
Corebridge Financial logo
CRBGBeginning balance at original discount rate
$9.67B-2.7%

Other financials

Income statement

See full
Revenue$443.5M+7.7%
Net income$41.6M+41.5%
EPS (diluted)$1.01+42.3%

Balance sheet

See full
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

See full
Operating cash flow$223.7M+70.4%

Valuation

See full
Market cap$2.11B+17.8%
Enterprise value$2.66B+15.7%
P/E11.9×-0.9×
P/S1.2×+0.1×

Profitability

See full
Net margin10.2%+1.7pp

Returns & leverage

See full
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:LiabilityForFuturePolicyBenefitExpectedFuturePolicyBenefitOriginalDiscountRateBeforeCashFlowAndReinsurance.

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)
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
Effect of changes in discount rate assumptions(114.8)(44.4)30.0(29.5)(86.7)(8.2)
Balance at June 30, 2026501.7393.0780.989.8377.691.5
Net liability for future policy benefits280.3148.4718.056.0188.991.6
Less: Reinsurance recoverable(56.8)(21.3)(0.8)(1.5)(5.1)(4.1)

Item 1. Consolidated Financial Statements

FAQ

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 $464.3M in Q2 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 2.6% year-over-year, from $476.8M to $464.3M.
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.

Ask your AI about Horace Mann Educators's supplemental health — beginning balance at original discount rate.

Connect your AI assistant and compare segments, right in your chat.

Connect your AI
Harbor at dusk
Claude