Horace Mann’s underlying loss ratio jumps 17 points as schools reopen
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Horace Mann’s underlying loss ratio jumps 17 points as schools reopen

Eli Rallo, 
James Thaler
August 02, 2021
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Property-casualty underwriting profits fell at educator-focused carrier Horace Mann in the second quarter, as the re-opening of schools amid the pandemic recovery led to a spike in attritional claims activity and cat losses remained elevated, despite falling from the year before.

The Springfield, Illinois-based carrier reported $1.02 in core earnings per share, a 52% jump from last year as investment income grew by 36% in the quarter to $109mn.

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News Horace Mann Earnings
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Eli Rallo
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