Nepal Insurance Co. Ltd.

Non Life InsuranceLow Cap

NPR 492.50

NPR -0.5-0.10%

09:14 AM NPT · May 13, 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.

en.nepalinsurance.com/facebook X

Trading

Open

517.60

High

517.60

Low

489.00

Prev Close

493.00

Volume

4,312

Turnover

Rs 2,118,550.1

Txns

Valuation · Q2 FY25/26

EPS Ann.

0.39

EPS TTM

9.24

BVPS

166.91

P/E Ann.

1,262.82

P/E TTM

53.30

Graham #

38.27

Capital

Mkt Cap

12.55 Arab

Total

2.55 Crore

Public

1.25 Crore

Promoter

1.3 Crore

NEPSE Chart

Technical Analysis

Indicator Signals

MACD

Strong Buy

RSI

Neutral

SuperTrend

Strong Sell

Trend Analysis

Direction

Uptrend

Strength

Moderate

Momentum

RSI (14)

47.03

ADX

23.84

Overall Score

Above Line

Technical Score

Moving Averages

SMA 20

489.21

SMA 50

506.32

Bands & Channels

BB Width %

5.62%

Volume & Flow

OBV

3,184,547

Flow Analysis

[ Live 2026-05-13 ]

Total Buy

22,719

Shares Bought

Total Sell

22,719

Shares Sold

Net Flow

Net Accumulation

Active Brokers

Participating

ACCUM/DIST

Accumulation 47%

Distribution 53%

Accumulators

Quantity

4,658

Amount

2,288,879

Avg Rate

491.39

Rank

#13

Brokers

#65#29#19#46

Distributors

Quantity

5,313

Amount

2,609,874

Avg Rate

491.22

Rank

#13

Brokers

#34#81#47

Net Flow Impact:

-655units

(Rs. -320,995)

Net Flow by Timeframe

NICL — Broker Breakdown (7D)

15 Buyers15 Sellers

[ Vol: 29,844 ]

Buy Side

Total: 15,148

Broker

QTY

AVG

NET

1,983

491.19

+871

8.7%

1,806

488.12

+119

8.0%

1,320

493.65

+324

5.8%

1,215

493.92

+1,215

5.3%

1,175

483.44

+1,164

5.2%

1,168

490.79

+979

5.1%

1,138

490.34

+175

5.0%

1,100

497.71

+1,100

4.8%

990

491.83

+962

4.4%

645

487.05

+626

2.8%

633

495.04

+461

2.8%

506

487.16

+34

2.2%

500

485.96

+138

2.2%

500

492.77

+500

2.2%

469

492.10

+429

2.1%

Sell Side

Total: 14,696

Broker

QTY

AVG

NET

2,816

492.37

-1,564

12.4%

1,928

492.75

-836

8.5%

1,672

491.97

-1,109

7.4%

1,347

492.52

-1,347

5.9%

1,281

484.76

-711

5.6%

1,150

486.90

-1,130

5.1%

1,083

476.36

-853

4.8%

668

489.32

-668

2.9%

592

486.78

-527

2.6%

504

485.90

-163

2.2%

443

498.44

-443

1.9%

376

490.44

-176

1.7%

310

482.06

-310

1.4%

271

496.52

-171

1.2%

255

490.22

-255

1.1%

Financial Fundamentals

Financial Metric	FY25/26 Q2	FY24/25 Q2	FY23/24 Q2	FY22/23 Q2	Growth %
Assets
Goodwill & Intangible Assets	3,537,009	2,970,427	1,958,438	0	+19.07%
Property and Equipment	257,641,836	190,619,843	139,891,578	86,702,000	+35.16%
Investment Properties	0.00	0.00	0.00	0	-
Deferred Tax Assets	102,131,592	83,312,370	71,727,831	0	+22.59%
Investment in Subsidiaries	0.00	0.00	0.00	0	-
Investment in Associates	0.00	0.00	0.00	0	-
Investments	5,316,638,323	4,830,119,967	4,311,585,928	506,904,000	+10.07%
Loans	11,850,000	13,600,000	17,350,000	0	-12.87%
Reinsurance Assets	1,264,035,693	1,377,065,272	1,028,231,036	0	-8.21%
Current Tax Assets	82,557,919	59,333,158	0	0	+39.14%
Insurance Receivables	180,220,637	126,173,700	278,138,272	0	+42.84%
Other Financial Assets	102,583,455	196,289,222	170,920,233	0	-47.74%
Other Assets	232,344,193	175,098,882	72,820,180	4,152,055,000	+32.69%
Cash and Cash Equivalent	41,957,053	25,302,923	99,034,343	175,009,000	+65.82%
Total Assets	7,595,497,710	7,079,885,766	6,191,657,839	4,920,670,000	+7.28%
Equity
Share Capital	2,548,575,005	1,644,241,940	1,644,241,938	1,378,996,000	+55.00%
Share Application Money Pending Allotment	0.00	0.00	0.00	0.00	-
Share Premium	81,481,510	0	0	0	-
Catastrophe Reserves	1,631,043,433	1,477,793,630	89,062,854	0	+10.37%
Retained Earnings	4,179,647	301,388,184	223,240,651	477,781,000	-98.61%
Other Equity	70,130,674	117,720,029	1,432,914,296	829,809,000	-40.43%
Total Equity	4,335,410,269	3,541,143,783	3,389,459,740	2,686,586,000	+22.43%
Liabilities
Insurance & Contract Liabilities
Provisions	132,842,470	350,668,895	325,023,472	1,785,657,000	-62.12%
Gross Insurance Contract Liabilities	2,584,275,361	2,430,551,655	1,814,851,262	0	+6.32%
Insurance Payable	35,432,732	359,921,745	315,886,040	0	-90.16%
Other Financial Liabilities	307,702,742	170,216,607	98,428,165	0	+80.77%
Other Liabilities	199,834,132	227,383,082	203,101,066	448,427,000	-12.12%
Taxes & Funding
Deferred Tax Liabilities	0.00	0.00	0.00	0	-
Current Tax Liabilities	0.00	0.00	44908094.00	0	-
Borrowings	0.00	0.00	0.00	0.00	-
Total Liabilities	3,260,087,437	3,538,741,984	2,802,198,099	2,234,084,000	-7.87%
Total Equity and Liabilities	7,595,497,706	7,079,885,766	6,191,657,839	4,920,670,000	+7.28%

Sector Peers — Non Life Insurance (24)

Peer Comparison

Non Life Insurance SECTOR — NEPAL

2025/2026 Q2

NPR/Millions

Statement

Highlight

TICKER	Market				Key Ratios
	Price	Chg	Chg%	Mkt Cap (M)	Asset Turnover	BVPS	C/D Ratio%	EPS (Annu.)	EPS (TTM)	Graham's No.	Int. Rate Spread%	NIM%	NPL%	NPM%	P/B	P/E (Annu.)	PEG	P/E (Latest)	P/E (TTM)	P/S	ROA (Annu.)%	ROA (TTM)%	ROE (Annu.)%	ROE (TTM)%
AIL	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
EIC	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
GIC	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
HEI	529.7	+0.69	+0.13%	0.01	0.24	209.67	-	1.26	15.53	270.67	-	0%	-	1.14%	4.81	400	0	392.86	31.87	18.39	0.26%	3.41%	0.6%	7.49%
HGI	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
IGI	425	-1.79	-0.42%	0.01	0.14	176.25	-	-11.96	1.34	72.9	-	0%	-	-19.8%	4.75	-35.03	0	-35.09	313.21	27.77	-2.74%	0.3%	-6.5%	0.73%
IGIL	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
LGIL	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
NIL	610	+4.9	+0.81%	0.02	0.17	229.19	-	0.8	15.07	278.77	-	0%	-	1.06%	5.39	772.5	0	753.75	40.01	32.92	0.18%	3.39%	0.36%	6.84%
NLG	575	-2.89	-0.5%	0.02	0.18	163.55	-	0.86	3.81	118.41	-	0%	-	1.41%	8.31	790.58	0	779.42	175.93	44.58	0.24%	1.1%	0.6%	2.65%
NMIC	1,016	-12.03	-1.17%	0.01	0.14	101.65	-	3.61	1.99	67.46	-	0%	-	21.06%	24.4	343.49	0.09	362.88	658.29	289.04	3.02%	1.67%	4.18%	2.31%
PIC	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
PICL	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
PRIN	653.8	+5.83	+0.9%	0.01	0.14	202.27	-	14.85	12.88	242.11	-	0%	-	25.88%	12.78	43.5	0	47.35	54.6	180.2	3.56%	3.12%	7.52%	6.54%
RBCL	15,031	-469.67	-3.03%	0.04	0.04	6,461.26	-	132.96	96.84	3,752.12	-	0%	-	32.6%	4.6	111.69	0	112.82	154.89	145.67	1.42%	1.04%	2.08%	1.51%
SALICO	589	-2.01	-0.34%	0.02	0.19	227.43	-	2.85	14.29	270.42	-	0%	-	2.33%	5.28	210.53	0	208.42	41.57	19.7	0.44%	2.23%	1.2%	6.04%
SGI	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
SGIC	462	-0.09	-0.02%	0.01	0.1	145.61	-	-8.92	6.18	142.29	-	0%	-	-18.98%	6.62	-54.02	0	-52.35	75.57	41.01	-1.98%	1.37%	-6.2%	4.29%
SIC	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
SICL	616	+0.98	+0.16%	0.02	0	196.64	-	-3.06	5.15	150.95	-	0%	-	-3,634.59%	6.36	-204.41	0	-201.96	120	31,275	-0.58%	1%	-1.56%	2.64%
SIL	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
SPIL	714	-2	-0.28%	0.02	0	241.32	-	-12.72	11.03	244.72	-	0%	-	-15,930.16%	5.94	-56.35	0	-54	62.28	35,840	-1.8%	1.56%	-4.8%	4.17%
UAIL	441	+1.01	+0.23%	0.01	0.21	171.7	-	-9.23	1.74	81.99	-	0%	-	-13.63%	5.22	-48.59	0	-49.47	262.41	26.5	-2.86%	0.53%	-5.48%	1.03%
UIC	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

AVG	1,805.21	-39.76	-0.29%	0.02	0.129	710.55	-	9.28	15.49	474.4	-	0%	-	-1,627.64%	7.872	189.491	0.008	188.719	165.886	5,661.732	-0.07%	1.73%	-0.67%	3.85%
MED	599.5	-0.94	-0.15%	0.01	0.14	199.45	-	0.83	8.61	196.53	-	0%	-	1.1%	5.665	77.595	0	80.085	97.785	42.795	0.21%	1.47%	0.48%	3.41%
MAX	15,031	5.83	0.9%	0.04	0.24	6,461.26	-	132.96	96.84	3,752.12	-	0%	-	32.6%	24.4	790.58	0.09	779.42	658.29	35,840	3.56%	3.41%	7.52%	7.49%
MIN	425	-469.67	-3.03%	0.01	0	101.65	-	-12.72	1.34	67.46	-	0%	-	-15,930.16%	4.6	-204.41	0	-201.96	31.87	18.39	-2.86%	0.3%	-6.5%	0.73%