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Horace Mann Educators HMN Whole Life — Current discount rate

Other product segments

Limited-Pay Whole Life
6%+3.4%
Experience life
5.6%+1.8%
Term Life
5.6%+3.7%
SPIA (life contingent)
5.4%+1.9%

Similar metrics at other companies

Cincinnati Financial logo
CINFWhole Life Insurance — Current discount rate
5.8%+0.2pp
Apollo Global Management logo
APOWhole Life — Weighted-average current discount rate
6.5%+1.8pp
MetLife logo
METWhole and Term Life & Endowments — Weighted-average current discount rate at balance sheet date
4%+1.2pp
Kemper logo
KMPRTerm Life Insurance — Current Discount Rate
5.9%+0.2pp
Brighthouse Financial logo
BHFTerm and Whole Life Insurance — Liability for Future Policy Benefit, Current Weighted-Average Discount Rate
5.3%0.0pp
Ameriprise Financial logo
AMPTerm and Whole Life Insurance — Weighted average discount rate
5.6%+0.1pp

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 whole life — current discount rate?
Horace Mann Educators (HMN) reported whole life — current discount rate of 5.9% in Q1 2026.
How has Horace Mann Educators's whole life — current discount rate changed year-over-year?
Horace Mann Educators's whole life — current discount rate increased by 3.5% year-over-year, from 5.7% to 5.9%.
What is the long-term trend for Horace Mann Educators's whole life — current discount rate?
Over 3 years (2022 to 2025), Horace Mann Educators's whole life — current discount rate has grown at a 6.0% compound annual growth rate (CAGR), from 19% to 22.6%.
What does whole life — current discount rate mean?
The interest rate used to discount future cash flows related to the whole life insurance portfolio to their present value. This rate is typically based on current market yields for high-quality fixed-income instruments. Changes in this rate significantly impact the valuation of insurance liabilities and the reported financial position of the segment.