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Horace Mann Educators HMN Term Life — Issuances

Other product segments

Limited-Pay Whole Life
$500K0.0%
Experience life
$0
SPIA (life contingent)
$0-100%

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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:LiabilityForFuturePolicyBenefitExpectedNetPremiumIssuance.

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)
Change in cash flow assumptions
Actual variances from expected experience(0.4)(0.1)(0.8)1.4
Adjusted balance at April 1, 2026252.0259.862.435.9217.1
Issuances(3)2.85.50.54.7
Interest accruals(4)2.12.80.90.31.8
Net premiums collected(5)(6.2)(6.8)(1.7)(1.2)(6.9)
June 30, 2026 balance at original discount rate250.8261.361.635.6216.6
Effect of changes in discount rate assumptions(29.4)(16.8)1.4(1.9)(27.6)

Item 1. Consolidated Financial Statements

FAQ

What is Horace Mann Educators's term life — issuances?
Horace Mann Educators (HMN) reported term life — issuances of $5.5M in Q2 2026.
How has Horace Mann Educators's term life — issuances changed year-over-year?
Horace Mann Educators's term life — issuances decreased by 6.8% year-over-year, from $5.9M to $5.5M.
What is the long-term trend for Horace Mann Educators's term life — issuances?
Over 3 years (2021 to 2025), Horace Mann Educators's term life — issuances has grown at a -7.5% compound annual growth rate (CAGR), from $29.8M to $23.6M.
What does term life — issuances mean?
This metric tracks the total volume of new term life insurance policies issued during the reporting period. It serves as a primary indicator of top-line growth and market penetration within the target demographic. Monitoring issuance trends helps investors evaluate the competitive strength and sales momentum of the life insurance segment.

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