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Horace Mann Educators HMN Term Life — Current discount rate

Other product segments

Limited-Pay Whole Life
6%+3.4%
Experience life
5.6%+1.8%
SPIA (life contingent)
5.4%+1.9%

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PFGTerm Life Insurance — Liability For Future Policy Benefit Current Weighted Average Discount Rate
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GELife — Current discount rate
5.2%+0.2pp
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CINFWhole Life Insurance — Current discount rate
5.8%+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 term life — current discount rate?
Horace Mann Educators (HMN) reported term life — current discount rate of 5.6% in Q1 2026.
How has Horace Mann Educators's term life — current discount rate changed year-over-year?
Horace Mann Educators's term life — current discount rate increased by 3.7% year-over-year, from 5.4% to 5.6%.
What is the long-term trend for Horace Mann Educators's term life — current discount rate?
Over 3 years (2022 to 2025), Horace Mann Educators's term life — current discount rate has grown at a 4.0% compound annual growth rate (CAGR), from 19% to 21.4%.
What does term life — current discount rate mean?
The current market-based interest rate used to discount future cash flows for the purpose of valuing insurance liabilities. This rate reflects the economic environment and the risk profile of the underlying obligations. Changes in this rate directly impact the present value of future benefits and the reported financial position of the segment.