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Horace Mann Educators HMN Whole Life — Expected future benefits and expenses, undiscounted

Other product segments

Experience life
$1.49B-6.9%
Term Life
$751.5M-0.5%
Limited-Pay Whole Life
$342M+9.6%
SPIA (life contingent)
$139.7M-5.4%

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$25.79B-7.4%
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PRUTerm Life — Undiscounted expected future benefits and expenses
$30.41B-0.1%
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CNOTraditional life — Expected future benefits and expenses (Undiscounted)
$7.65B0.0%
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GELife — Expected future benefit payments, undiscounted
$3.92B-62.4%
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$30.85B+1.9%

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:LiabilityForFuturePolicyBenefitExpectedFuturePolicyBenefitUndiscountedBeforeReinsurance.

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
Whole life
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

Item 1. Consolidated Financial Statements

FAQ

What is Horace Mann Educators's whole life — expected future benefits and expenses, undiscounted?
Horace Mann Educators (HMN) reported whole life — expected future benefits and expenses, undiscounted of $1.35B in Q2 2026.
How has Horace Mann Educators's whole life — expected future benefits and expenses, undiscounted changed year-over-year?
Horace Mann Educators's whole life — expected future benefits and expenses, undiscounted increased by 5.2% year-over-year, from $1.28B to $1.35B.
What is the long-term trend for Horace Mann Educators's whole life — expected future benefits and expenses, undiscounted?
Over 2 years (2023 to 2025), Horace Mann Educators's whole life — expected future benefits and expenses, undiscounted has grown at a 7.4% compound annual growth rate (CAGR), from $4.55B to $5.25B.
What does whole life — expected future benefits and expenses, undiscounted mean?
Represents the total nominal value of future benefit payments and associated administrative expenses projected for the whole life insurance portfolio. This metric helps in understanding the undiscounted future liability obligations of the segment. It serves as a baseline for assessing the long-term cost structure and potential claims exposure.

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