Horace Mann reported FY 2025 net income of USD 162.1 million, up 57.7%, on total revenues of USD 1.7 billion, up 6.7%. Net premiums and contract charges earned were USD 1.2 billion, up 7.2%, and net investment income was USD 464.3 million, up 4.2%. Book value per share rose to USD 36.47, up 15.7%, and net income return on equity (last twelve months) was 11.7%. By segment, Property & Casualty net income was USD 112.4 million, up 128.9%, with a 96.5% combined ratio and FY 2025 catastrophe losses of USD 61.7 million (vs. USD 94.9 million in FY 2024). Life & Retirement net income was USD 56.8 million, up 0.9%, with net premiums written and contract deposits of USD 612.1 million, up 6.7%. Supplemental & Group Benefits net income was USD 45.0 million, down 25.5%, with a 36.8% benefits ratio. Corporate updates included the issuance of USD 300.0 million of 4.70% senior notes due 2030 and the repayment of the USD 250.0 million 4.50% senior notes due 2025, lifting FY 2025 interest expense to USD 36.4 million, up 5.2%. The company also reported FY 2025 share repurchases of 497,226 shares at an average price of USD 41.85, and total shareholder dividends paid of USD 57.1 million. For FY 2026, Horace Mann said it expects full-year core income of USD 4.20 to USD 4.50 per diluted share and pre-tax net investment income of USD 485 million to USD 495 million.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Horace Mann Educators Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000850141-26-000007), on February 27, 2026, and is solely responsible for the information contained therein.
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