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Horace Mann Educators HMN Term Life — Expected future gross premiums, discounted

Other product segments

Experience life
$246.7M-8.2%
Limited-Pay Whole Life
$55.4M+2.4%
SPIA (life contingent)
$0

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$2.33B-13.0%
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GELong-term care — Expected future gross premiums, discounted
$4.71B+0.4%
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APOPayout Annuities with Life Contingencies — Expected future gross premiums, discounted
$0
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JXNPayout Annuities — Expected future gross premiums, discounted
$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$2.19B+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:LiabilityForFuturePolicyBenefitExpectedFutureGrossPremiumDiscountedBeforeReinsurance.

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)As of June 30, 2026 / UndiscountedAs of June 30, 2026 / DiscountedAs of December 31, 2025 / UndiscountedAs of December 31, 2025 / Discounted
Expected future gross premiums$548.0$345.8$547.3$364.1
Expected future benefits and expenses1,349.3616.41,340.4631.9
Term life
Expected future gross premiums700.1454.8692.2456.7
Expected future benefits and expenses751.5437.3735.9429.8
Experience Life
Expected future gross premiums434.4246.7453.1256.3
Expected future benefits and expenses1,492.8750.91,531.5763.3

Item 1. Consolidated Financial Statements

FAQ

What is Horace Mann Educators's term life — expected future gross premiums, discounted?
Horace Mann Educators (HMN) reported term life — expected future gross premiums, discounted of $454.8M in Q2 2026.
How has Horace Mann Educators's term life — expected future gross premiums, discounted changed year-over-year?
Horace Mann Educators's term life — expected future gross premiums, discounted decreased by 2.8% year-over-year, from $467.7M to $454.8M.
What is the long-term trend for Horace Mann Educators's term life — expected future gross premiums, discounted?
Over 2 years (2023 to 2025), Horace Mann Educators's term life — expected future gross premiums, discounted has grown at a -0.3% compound annual growth rate (CAGR), from $1.86B to $1.84B.
What does term life — expected future gross premiums, discounted mean?
The present value of all future gross premiums expected to be collected from the term life insurance segment, adjusted for the time value of money. By discounting these future cash flows, the company provides a more accurate assessment of the current economic value of the premium stream. This metric is essential for evaluating the long-term profitability and solvency of the insurance product line.

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