Horace Mann expects $22mn-$23mn Q1 cat losses

Thorsten Schier

April 21, 2023

Severe thunderstorm lowering cloud threatens tornado

Educator-focused carrier Horace Mann expects Q1 pre-tax cat losses in the range of $22mn to $23mn following 23 events designated as catastrophes by Property Claims Services (PCS).

Cat losses are expected to add 15 points to Horace Mann’s Q1 combined ratio, compared to a pre-tax loss of $7.3mn

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Topics

News Results Horace Mann Earnings

Thorsten Schier

Managing Editor