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Horace Mann Educators HMN Reserve for insurance claims

Reserve for insurance claims at other companies

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Segments

By product

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Experience life$717.2M-3.4%
Term Life$127.1M+5.4%
SPIA (life contingent)$87.5M-6.3%
Other$80.9M-3.9%
Cancer$64.7M-6.8%
Limited-Pay Whole Life$54.5M+2.6%

By segment

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Property & Casualty$415.4M-1.0%

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:LiabilityForClaimsAndClaimsAdjustmentExpense.

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
Line itemJune 30, 2026December 31, 2025
Policy liabilities
Future policy benefit reserves$1,586.5$1,611.5
Policyholders' account balances5,041.85,064.1
Unpaid claims and claim expenses587.8565.2
Unearned premiums369.1372.1
Total policy liabilities7,585.27,612.9
Other policyholder funds1,076.01,046.2
Other liabilities376.3374.0

Item 1. Consolidated Financial Statements

FAQ

What is Horace Mann Educators's reserve for insurance claims?
Horace Mann Educators (HMN) reported reserve for insurance claims of $587.8M in Q2 2026.
How has Horace Mann Educators's reserve for insurance claims changed year-over-year?
Horace Mann Educators's reserve for insurance claims increased by 1.9% year-over-year, from $576.6M to $587.8M.
What is the long-term trend for Horace Mann Educators's reserve for insurance claims?
Over 5 years (2020 to 2025), Horace Mann Educators's reserve for insurance claims has grown at a 5.2% compound annual growth rate (CAGR), from $438.8M to $565.2M.
What does reserve for insurance claims mean?
This liability represents the estimated total cost of all insurance claims that have been incurred but not yet fully settled, including both reported claims and those incurred but not reported (IBNR). It is the most critical measure of an insurer's underwriting discipline and the accuracy of its loss projections. Significant deviations in this reserve can materially impact reported profitability.

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