AI-extracted from the 10-Q filed 2026-08-07 — Q2 2026 (quarter ended June 30, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.
Q2 net income surged 41.5% to $41.6M on improved P&C results and lower catastrophe losses, with core earnings guidance of $4.60-$4.90 per share for full year 2026.
Biggest Revenue Drivers
Net premiums and contract charges earned$316.9M+4.7% YoY
Higher sales in Property business lines and strong growth in Supplemental and Group Benefits segment
Net investment income$120.5M+8.8% YoY
Continued strong returns from fixed income portfolio; investment yield excluding limited partnerships was 4.7% annualized pretax
Biggest Revenue Drivers
Total revenue: $443.5M+7.7% YoY
Net premiums and contract charges earned$316.9M+4.7% YoY
Higher sales in Property business lines and strong growth in Supplemental and Group Benefits segment
Net investment income$120.5M+8.8% YoY
Continued strong returns from fixed income portfolio; investment yield excluding limited partnerships was 4.7% annualized pretax
Other income$6.2M+47.6% YoY
Various segment income sources
Net investment losses($0.1)Mimproved from ($5.9)M loss YoY
Lower impairment losses from routine portfolio management activities
Largest Expense Items
Benefits, claims and settlement expenses$186.3M+1.5% YoY
P&C lower catastrophe/underlying losses offset by higher Supplemental & Group Benefits utilization
Operating expenses$108.5M+12.0% YoY
Higher expenses related to Early Retirement Offering and acquisition expenses in Corporate & Other segment
Interest credited$54.6M+3.6% YoY
Interest credited to policyholders; average deferred annuity rate excluding reinsured block was 3.4%
DAC amortization expense$32.0M+7.0% YoY
Premium increases in P&C segment driving higher commission and underwriting expenses
Watch Items from the Filing
Substantial unrealized losses on fixed maturity securities portfolio: $410.5M gross unrealized losses on $5.8B fair value portfolio (6.7% of portfolio), primarily due to 30 basis point rise in 10-year Treasury rates since year-end; 97.6% investment grade rating but 370 positions trading below 80% of carrying value.
Two material acquisitions announced post-quarter: Employee Services LLC acquisition (~$115M) and Reserve National Insurance Company acquisition (~$125M) expected close Q4 2026 and Q1 2027 respectively, funded via cash and credit facility borrowings.
Life & Retirement net interest spread compression risk: 100 basis point decline in reinvestment rates would reduce segment net investment income by ~$2.1M annually; average crediting rate on fixed annuities at 3.9% with 66% of account values at guaranteed minimums below 4%.
AI-extracted and verified against SEC EDGAR filing text. Not investment advice.
Samuel Aaliyah AReporting ownerGrant or award · May 20, 2026
Congress trading in HMN
8 transactions in HMN reported by 3 members of Congress under the STOCK Act, most recent trade Aug 20, 2026. Reported transactions, not recommendations.
About HORACE MANN EDUCATORS CORP /DE/ (HMN): stock profile, AI score and financials
HORACE MANN EDUCATORS CORP /DE/ (HMN) stock profile, AI quality score, and SEC EDGAR financial data, a Financials sector company. 13F Pro's AI-powered ranking engine scores HMN at 57.9/100 on a composite quality score built from its SEC filings, placing it at rank #1,059 of 2,925 stocks — the top half of the AI-ranked universe. HMN scores in the top quartile across earnings quality (89.2), free cash flow (86.4). Based on the latest XBRL financial filings (Q2 2026), HORACE MANN EDUCATORS CORP /DE/ reports quarterly revenue of $443.5M, net income of $41.6M, an operating margin of 11.1%. Top institutional holders of HMN by reported 13-F value include BlackRock, FRANKLIN RESOURCES, VANGUARD PORTFOLIO MANAGEMENT, based on the most recent SEC filings. HMN trades on the NYSE exchange and files with the SEC under CIK 850141. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate HMN daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for HORACE MANN EDUCATORS CORP /DE/ directly from SEC EDGAR.