John Barnidge

Michael Zaremski

Wilma Jackson Burdis

Matthew Carletti

Meyer Shields

- AM Best has affirmed the **Financial Strength Rating (FSR) of A (Excellent)** and **Long-Term Issuer Credit Ratings (Long-Term ICR) of “a” (Excellent)** for Horace Mann Educators Corporation's (HMEC) property/casualty (P/C) and life/health (L/H) subsidiaries, with a **stable outlook**.  **[850141_9df206683b694b7db7a51f2e3eb39633_0]** 
- The **Long-Term ICR of “bbb” (Good)** for HMEC and its associated Long-Term Issue Credit Ratings, including **$250 million 4.5% senior unsecured notes due 2025** and **$300 million 7.25% senior unsecured notes due 2028**, were also affirmed with a **stable outlook**.  **[850141_9df206683b694b7db7a51f2e3eb39633_0]** **[850141_9df206683b694b7db7a51f2e3eb39633_1]** 
- These ratings reflect HMEC’s **very strong balance sheet strength**, supported by its **strongest risk-adjusted capitalization**, and a **well-diversified operating profile** across P/C, life, and supplemental benefit segments.  **[850141_9df206683b694b7db7a51f2e3eb39633_0]** 
- The company has shown **improving P/C operations** and **favorable, stable results** in life and supplemental benefits, with **strong net investment income** boosting overall earnings.  **[850141_9df206683b694b7db7a51f2e3eb39633_0]**

HORACE MANN EDUCATORS CORP /DE/ (HMN)