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Horace Mann Educators HMN Whole Life — Lapses, actual experience

Similar metrics at other companies

Fidelity National Financial logo
FNFTraditional Life — Lapses
0.5%-0.1pp
F&G Annuities & Life logo
FGTraditional Life — Lapse rate
0.5%-0.1pp
Apollo Global Management logo
APOWhole Life — Benefit payments
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APOWhole Life — Total interest expense
$29M+142%
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APOWhole Life — Interest accrual
$43M+153%
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APOWhole Life — Future policy benefits
$2.32B+22.9%

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 hmn:LiabilityForFuturePolicyBenefitLapseRateActualExperience.

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 — lapses, actual experience?
Horace Mann Educators (HMN) reported whole life — lapses, actual experience of 3.6% in Q1 2026.
How has Horace Mann Educators's whole life — lapses, actual experience changed year-over-year?
Horace Mann Educators's whole life — lapses, actual experience increased by 16.1% year-over-year, from 3.1% to 3.6%.
What is the long-term trend for Horace Mann Educators's whole life — lapses, actual experience?
Over 3 years (2022 to 2025), Horace Mann Educators's whole life — lapses, actual experience has grown at a 3.9% compound annual growth rate (CAGR), from 12.4% to 13.9%.
What does whole life — lapses, actual experience mean?
Measures the actual rate at which policyholders terminate their whole life insurance policies before maturity during the reporting period. High lapse rates can impact the profitability of the segment by reducing the duration of premium collection and affecting deferred acquisition cost recovery. It is a key metric for assessing customer retention and product value proposition.