Nepal Insurance Co. Ltd.

Non Life InsuranceMid Cap

NPR 435.60

NPR -3.4-0.77%

09:14 AM NPT · Nov 6, 2026

Est. 1947 · Kathmandu, Nepal · CEO: B.K. Maharjan

Nepal Insurance Company Limited (NICL) is the oldest general insurance company in Nepal, established in 1947 (B.S. 2004), and is recognized as a pioneer in the country’s non-life insurance sector. Operating under the regulatory supervision of the Nepal Insurance Authority, the company provides a comprehensive range of general insurance products designed to safeguard individuals, businesses, and institutions against financial risks. Headquartered in Kathmandu, Nepal Insurance Company offers diverse insurance solutions, including motor insurance, fire and property insurance, marine insurance, engineering and contractor coverage, aviation insurance, agriculture and livestock insurance, travel insurance, and miscellaneous liability coverage. With a nationwide network of branches and agents, the company ensures accessible and efficient service delivery across urban and rural regions. Built on decades of trust, strong governance, and financial stability, Nepal Insurance emphasizes customer-centric service, timely claim settlement, and transparent operations. The company continues to strengthen its portfolio through innovation, modern risk management practices, and compliance with national regulatory guidelines. As one of Nepal’s most experienced and respected insurers, Nepal Insurance Company Limited remains committed to protecting lives, assets, and businesses while contributing to the growth and resilience of Nepal’s insurance industry.

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Trading

Open

435.00

High

440.00

Low

435.00

Prev Close

439.00

Volume

7,528

Turnover

Rs 3,287,301.6

Txns

Valuation · Q4 FY25/26

EPS Ann.

5.00

EPS TTM

5.00

BVPS

176.85

P/E Ann.

87.12

P/E TTM

87.12

Graham #

141.05

Capital

Mkt Cap

11.48 Arab

Total

2.64 Crore

Public

1.29 Crore

Promoter

1.34 Crore

NEPSE Chart

Technical Analysis

Indicator Signals

MACD

Buy

RSI

Neutral

SuperTrend

Strong Sell

Trend Analysis

Direction

Uptrend

Strength

Strong

Momentum

RSI (14)

42.92

ADX

29.33

Overall Score

Below Line

Technical Score

Moving Averages

SMA 20

440.19

SMA 50

449.03

Bands & Channels

BB Width %

4.31%

Volume & Flow

OBV

3,217,467

Flow Analysis

[ Live 2026-11-06 ]

Total Buy

37,914

Shares Bought

Total Sell

37,914

Shares Sold

Net Flow

Net Accumulation

Active Brokers

Participating

ACCUM/DIST

Accumulation 50%

Distribution 50%

Accumulators

Quantity

12,616

Amount

5,527,981

Avg Rate

438.17

Rank

Brokers

#60#49

Distributors

Quantity

12,549

Amount

5,491,688

Avg Rate

437.62

Rank

Brokers

#43#71#4#45

Net Flow Impact:

+67units

(Rs. 36,293)

Net Flow by Timeframe

NICL — Broker Breakdown (7D)

15 Buyers15 Sellers

[ Vol: 59,390 ]

Buy Side

Total: 31,784

Broker

QTY

AVG

NET

6,553

438.19

+4,517

17.3%

6,063

438.16

+6,063

16.0%

5,170

435.92

+4,337

13.6%

3,850

440.49

+3,649

10.2%

1,932

437.16

+1,932

5.1%

1,719

444.10

+1,352

4.5%

1,259

437.49

+1,248

3.3%

1,165

441.96

+653

3.1%

1,065

435.00

+835

2.8%

1,020

434.35

+1,020

2.7%

1,000

443.62

+1,000

2.6%

430

440.75

+375

1.1%

416

434.94

+268

1.1%

441.50

+74

0.2%

436.00

+68

0.2%

Sell Side

Total: 27,606

Broker

QTY

AVG

NET

3,948

437.98

-3,948

10.4%

3,610

436.46

-2,735

9.5%

2,900

436.17

-2,900

7.7%

2,524

441.54

-1,249

6.7%

2,091

440.95

-2,091

5.5%

2,021

438.48

-1,025

5.3%

1,993

437.39

-1,039

5.3%

1,795

433.40

-1,795

4.7%

1,530

440.01

-1,530

4.0%

1,068

444.00

-1,068

2.8%

980

439.28

-890

2.6%

968

440.90

-868

2.5%

760

438.00

-760

2.0%

722

440.60

-722

1.9%

696

438.00

-203

1.8%

Financial Fundamentals

Financial Metric	FY25/26 Q4	FY24/25 Q4	FY23/24 Q4	FY22/23 Q4	Growth %
Assets
Goodwill & Intangible Assets	3,223	3,882	2,722	0	-16.96%
Property and Equipment	368,002	264,208	141,275	0	+39.29%
Investment Properties	0.00	0.00	0.00	0	-
Deferred Tax Assets	141,178	94,893	86,340	0	+48.78%
Investment in Subsidiaries	0.00	0.00	0.00	0	-
Investment in Associates	0.00	0.00	0.00	0	-
Investments	5,505,466	4,463,324	4,375,686	0	+23.35%
Loans	10,850	12,550	15,406	0	-13.55%
Reinsurance Assets	1,234,588	1,020,220	918,234	0	+21.01%
Current Tax Assets	51,385	21,329	14,044	0	+140.92%
Insurance Receivables	115,487	170,048	78,275	0	-32.09%
Other Financial Assets	125,242	178,608	168,865	0	-29.88%
Other Assets	68,478	238,255	135,438	0	-71.26%
Cash and Cash Equivalent	45,179	60,746	127,469	0	-25.63%
Total Assets	7,669,080	6,528,063	6,063,756	0	+17.48%
Equity
Share Capital	2,548,575	1,890,878	1,644,242	0	+34.78%
Share Application Money Pending Allotment	0.00	0.00	0.00	0	-
Share Premium	81,482	0	0	0	-
Catastrophe Reserves	118,535	111,294	99,204	0	+6.51%
Retained Earnings	57,351	162,252	312,476	0	-64.65%
Other Equity	121,344	1,596,187	1,492,469	0	-92.40%
Total Equity	4,507,220	3,760,611	3,548,391	0	+19.85%
Liabilities
Insurance & Contract Liabilities
Provisions	152,955	287,906	347,180	0	-46.87%
Gross Insurance Contract Liabilities	2,416,619	2,033,134	1,620,705	0	+18.86%
Insurance Payable	85,736	140,807	260,683	0	-39.11%
Other Financial Liabilities	193,859	122,334	112,721	0	+58.47%
Other Liabilities	312,691	183,271	174,076	0	+70.62%
Taxes & Funding
Deferred Tax Liabilities	0.00	0.00	0.00	0	-
Current Tax Liabilities	0.00	0.00	0.00	0	-
Borrowings	0.00	0.00	0.00	0	-
Total Liabilities	3,161,859	2,767,451	2,515,365	0	+14.25%
Total Equity and Liabilities	7,669,080	6,528,063	6,063,756	0	+17.48%

Sector Peers — Non Life Insurance (24)

Peer Comparison

Non Life Insurance SECTOR — NEPAL

2025/2026 Q4

NPR/Millions

Statement

Highlight

TICKER	Market				Key Ratios
	Price	Chg	Chg%	Mkt Cap (M)	Asset Turnover	Book Value Per Share	Combined Expense Ratio	Commission Income Ratio	Debt to Equity	EPS (Annualized)	EPS (TTM)	First Policy	Graham's Number	Investment Yield	Loss Ratio	Management Expense Ratio	Net Profit Margin	P/B	P/E (Annualized)	P/E (TTM)	Policy Retention	P/S	Retained Risk	ROA (Annualized)	ROA (TTM)%	ROE (Annualized)	ROE (TTM)%
AIL	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
EIC	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
GIC	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
HEI	444.3	+0.89	+0.2%	0.01	0.28	213.94	66.69	27.07	1.01	13.51	13.51	79.16	255.01	3.29	69.35	24.41	11.16	2.43	38.49	35.75	26.41	4.3	45.76	3.18	3.18%	6.37	6.37%
HGI	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
IGI	389.2	-4.29	-1.09%	0.01	0.18	179.53	91.69	40.8	1.65	0.13	0.13	72.18	22.92	4.14	100.81	31.68	0.17	2.5	3,453.85	3,138.46	29.76	6.04	33.11	0.03	0.03%	0.07	0.07%
IGIL	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
LGIL	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
NIL	517.1	-2.39	-0.46%	0.01	0.22	226.33	75.01	18.22	0.94	10.4	10.4	66.61	230.13	2.98	66.7	26.53	11.3	2.7	58.65	51.49	34.99	6.63	58.82	2.49	2.49%	4.63	4.63%
NLG	495	+2.02	+0.41%	0.01	0.21	166.36	86.02	36.64	1.04	2.17	2.17	68.57	90.13	5.27	91.42	31.24	3.14	3.35	257.14	244.24	35.35	8.11	28.8	0.64	0.64%	1.28	1.28%
NMIC	775	-4.99	-0.64%	0.01	0.23	106.36	73.15	30.81	0.49	5.68	5.68	98.27	116.59	4.97	45.97	57.99	16.53	8.37	156.67	148.77	2,035.6	25.91	41.8	3.87	3.87%	5.51	5.51%
PIC	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
PICL	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
PRIN	585.9	+0.88	+0.15%	0.01	0.14	193	41.17	29.73	1.08	13.33	13.33	59.09	240.59	6.45	34.87	36.03	24.37	3.46	50.12	45.23	37.84	12.22	39.73	3.41	3.41%	7.08	7.08%
RBCL	14,200	+469.58	+3.42%	0.04	0.04	6,407.05	70.88	96.13	0.45	129.18	129.18	52.63	4,315.37	2.52	76.41	90.6	37.76	2.32	115.18	105.86	9.59	43.5	15.63	1.4	1.4%	2	2%
SALICO	523	+3.48	+0.67%	0.01	0.23	232.72	81.06	23.27	1.06	11.94	11.94	53.84	250.04	3.98	79.83	24.5	9.62	2.6	50.67	45.64	81.07	4.88	49.14	2.25	2.25%	5.06	5.06%
SGI	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
SGIC	387.4	+0.31	+0.08%	0.01	0.17	147.33	64.76	54.71	1.65	5.76	5.76	57.52	138.18	3.01	78.87	40.6	9.09	3.18	81.42	69.24	41.03	7.4	30.52	1.52	1.52%	3.94	3.94%
SIC	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
SICL	532.6	-1.39	-0.26%	0.02	0.2	191.95	75.26	38.7	1.56	4.19	4.19	70.32	134.52	3.91	81.27	32.69	4.4	3.2	146.78	137.92	32.17	6.45	31.47	0.89	0.89%	2.21	2.21%
SIL	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
SPIL	607	+3.08	+0.51%	0.02	0.17	260.26	84.04	24.47	1.78	11.65	11.65	60.08	261.19	3.98	76.37	32.14	10.54	2.85	63.61	54.51	36.13	6.71	49.06	1.82	1.82%	4.35	4.35%
UAIL	361.5	+0.51	+0.14%	0.01	0.22	188.01	79.81	24.68	1.08	2.73	2.73	88.01	107.46	2.63	72.74	31.75	3.49	2.3	158.61	139.93	16.79	5.54	44.37	0.76	0.76%	1.49	1.49%
UIC	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

AVG	1,651.5	38.97	0.26%	0.01	0.191	709.4	74.13	37.1	1.15	17.56	17.56	68.86	513.51	3.93	72.88	38.35	11.8	3.272	385.93	351.42	201.39	11.474	39.02	1.86	1.86%	3.67	3.67%
MED	520.05	0.69	0.15%	0.01	0.205	192.48	75.14	30.27	1.07	8.08	8.08	67.59	184.16	3.95	76.39	31.95	10.08	2.775	98.3	87.55	35.17	6.67	40.77	1.67	1.67%	4.15	4.15%
MAX	14,200	469.58	3.42%	0.04	0.28	6,407.05	91.69	96.13	1.78	129.18	129.18	98.27	4,315.37	6.45	100.81	90.6	37.76	8.37	3,453.85	3,138.46	2,035.6	43.5	58.82	3.87	3.87%	7.08	7.08%
MIN	361.5	-4.99	-1.09%	0.01	0.04	106.36	41.17	18.22	0.45	0.13	0.13	52.63	22.92	2.52	34.87	24.41	0.17	2.3	38.49	35.75	9.59	4.3	15.63	0.03	0.03%	0.07	0.07%