NLG Insurance Company Ltd.

Non Life InsuranceMid Cap

NPR 594.90

NPR -5-0.83%

09:14 AM NPT · Jun 26, 2026

Est. 2045 B.S. (general insurance operations separated as NLG Insurance in 2062 B.S.) · Lazimpat, Kathmandu, Nepal · CEO: Sunil Ballav Pant

NLG Insurance Company Ltd. (NLG) is a major non-life (general) insurance provider in Nepal, offering a broad range of insurance products across many sectors from motor, property, and home insurance to marine, aviation, engineering, agriculture, and miscellaneous coverage. NLG traces its roots to the older composite insurer National Life and General Insurance (NLGI), which was established in 1988 to conduct both life and general insurance business. In 2005, as per regulatory requirements under the insurance law, NLGI’s general-insurance business was separated to create NLG as a dedicated non-life insurer. Since then, NLG has built a large national footprint: it maintains a wide network of branches across Nepal, enabling it to serve both individual customers and corporate clients, including small businesses, large enterprises, government offices, development organizations, and more. NLG’s strength comes not only from its breadth of services but also from its reinsurance partnerships: it obtains reinsurance support from major global reinsurers (such as Hannover Re) giving additional backing and stability to its risk coverage operations. The company is publicly listed (symbol “NLG”) on Nepal’s stock market under the non-life insurance sector. According to its website and recent disclosures, NLG offers roughly 20+ distinct insurance products under non-life insurance, including motor, property & home, fire, marine, engineering, aviation, micro-insurance, and more covering the diverse needs of Nepali population and businesses. In recent years (e.g. FY 2081/82), NLG has recorded substantial premium income in the general-insurance business, reflecting ongoing operations and market position among non-life insurers in Nepal. Overall, NLG plays an important role in Nepal’s insurance sector by providing risk-mitigation solutions, enabling asset protection (homes, vehicles, businesses, property), supporting industries (engineering, marine, aviation), and offering accessible general insurance products across geographic and economic segments.

nlgi.com.np/facebook

Trading

Open

600.00

High

600.00

Low

590.20

Prev Close

599.90

Volume

5,560

Turnover

Rs 3,303,283.2

Txns

Valuation · Q3 FY25/26

EPS Ann.

1.74

EPS TTM

2.72

BVPS

165.73

P/E Ann.

341.90

P/E TTM

218.71

Graham #

80.55

Capital

Mkt Cap

15.26 Arab

Total

2.57 Crore

Public

1.26 Crore

Promoter

1.31 Crore

NEPSE Chart

Technical Analysis

Indicator Signals

MACD

Strong Sell

RSI

Strong Buy

SuperTrend

Strong Buy

Trend Analysis

Direction

Uptrend

Strength

Very Strong

Momentum

RSI (14)

21.27

ADX

53.84

Overall Score

Below Line

Technical Score

Moving Averages

SMA 20

625.71

SMA 50

604.43

Bands & Channels

BB Width %

11.69%

Volume & Flow

OBV

5,689,281

Flow Analysis

[ Live 2026-06-26 ]

Total Buy

25,938

Shares Bought

Total Sell

25,938

Shares Sold

Net Flow

Net Accumulation

Active Brokers

Participating

ACCUM/DIST

Accumulation 54%

Distribution 46%

Accumulators

Quantity

8,894

Amount

5,372,974

Avg Rate

604.11

Rank

Brokers

#77#1#48

Distributors

Quantity

7,487

Amount

4,483,831

Avg Rate

598.88

Rank

Brokers

#75#6#94#71

Net Flow Impact:

+1,407units

(Rs. 889,143)

Net Flow by Timeframe

NLG — Broker Breakdown (7D)

15 Buyers15 Sellers

[ Vol: 37,914 ]

Buy Side

Total: 20,748

Broker

QTY

AVG

NET

4,180

613.22

+4,060

16.1%

2,770

594.01

+2,020

10.7%

2,683

602.57

+975

10.3%

1,944

598.93

+1,441

7.5%

1,180

601.10

+1,060

4.5%

1,130

600.30

+1,105

4.4%

1,110

601.75

+652

4.3%

1,000

604.53

+565

3.9%

1,000

596.00

+889

3.9%

890

599.93

+890

3.4%

689

602.70

+559

2.7%

660

599.61

+160

2.5%

600

601.00

+436

2.3%

500

597.00

+500

1.9%

412

603.65

+301

1.6%

Sell Side

Total: 17,166

Broker

QTY

AVG

NET

2,505

598.94

-1,990

9.7%

2,179

601.07

-1,679

8.4%

1,559

601.67

-869

6.0%

1,500

594.39

-1,500

5.8%

1,303

600.28

-1,123

5.0%

1,000

603.28

-987

3.9%

1,000

601.86

-985

3.9%

991

608.99

-991

3.8%

983

601.32

-983

3.8%

930

595.01

-910

3.6%

730

609.69

-673

2.8%

700

602.18

-598

2.7%

625

605.75

-625

2.4%

603

617.26

-603

2.3%

558

612.59

-308

2.1%

Financial Fundamentals

Financial Metric	FY25/26 Q3	FY24/25 Q3	FY23/24 Q3	FY22/23 Q3	Growth %
Assets
Goodwill & Intangible Assets	1,076	690	916	0	+56.07%
Property and Equipment	107,957	66,352	102,914	0	+62.70%
Investment Properties	0.00	0.00	0.00	0	-
Deferred Tax Assets	59,769	68,777	71,447	0	-13.10%
Investment in Subsidiaries	0.00	0.00	0.00	0	-
Investment in Associates	0.00	0.00	0.00	0	-
Investments	3,069,374	3,421,108	2,737,152	0	-10.28%
Loans	49,677	30,277	17,665	0	+64.07%
Reinsurance Assets	3,683,501	3,308,117	1,921,160	0	+11.35%
Current Tax Assets	156,569	283,357	146,819	0	-44.75%
Insurance Receivables	1,129,254	1,172,695	677,388	0	-3.70%
Other Financial Assets	143,173	130,477	99,771	0	+9.73%
Other Assets	905,049	479,880	592,590	0	+88.60%
Cash and Cash Equivalent	495,765	697,653	60,785	0	-28.94%
Total Assets	9,801,164	9,659,385	6,428,607	0	+1.47%
Equity
Share Capital	2,667,833	2,502,658	1,459,276	0	+6.60%
Share Application Money Pending Allotment	0.00	0.00	0.00	0	-
Share Premium	138,524	271,916	0	0	-49.06%
Catastrophe Reserves	88,338	83,847	78,669	0	+5.36%
Retained Earnings	17,057	111,690	155,764	0	-84.73%
Other Equity	1,648,295	1,542,756	1,391,346	0	+6.84%
Total Equity	4,560,049	4,512,868	3,085,055	0	+1.05%
Liabilities
Insurance & Contract Liabilities
Provisions	149,602	314,049	170,881	0	-52.36%
Gross Insurance Contract Liabilities	4,607,801	4,330,978	2,679,916	0	+6.39%
Insurance Payable	102,296	57,465	39,134	0	+78.01%
Other Financial Liabilities	44,223	176,264	191,668	0	-74.91%
Other Liabilities	337,193	267,761	261,953	0	+25.93%
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	5,241,115	5,146,517	3,343,552	0	+1.84%
Total Equity and Liabilities	9,801,164	9,659,385	6,428,607	0	+1.47%

Sector Peers — Non Life Insurance (24)

Peer Comparison

Non Life Insurance SECTOR — NEPAL

2025/2026 Q3

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	538	0	0%	0.01	0.24	205.28	82.75	25.3	1.3	5.9	12.42	77.34	239.51	2.53	82.49	25.56	5.71	3.4	88.64	45.49	24.47	9.01	48.55	1.39	2.92%	2.89	6.1%
HGI	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
IGI	439.9	+1.01	+0.23%	0.01	0.16	182.72	95.09	35.23	1.64	0.02	3.31	70.23	116.65	3.18	100.23	30.09	0.02	3.23	22,150	139.18	28.29	11.49	39.26	-	0.77%	-	1.79%
IGIL	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
LGIL	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
NICL	516.5	-2.49	-0.48%	0.01	0.19	169.84	82.76	20.81	0.72	5.55	9.57	78.51	191.23	3.02	74.12	29.45	9.75	3.93	90.29	58.83	22.45	15.68	52.66	1.89	3.28%	3.56	6.14%
NIL	620	+4	+0.65%	0.02	0.2	219.08	78.07	23.25	1.01	7.89	12.46	64.86	247.83	2.16	73.58	27.74	9.73	3.9	81.12	52.66	36.01	14.05	57.72	1.91	3.02%	3.81	6.03%
NMIC	973	+5.8	+0.6%	0.01	0.12	100.17	114.99	31.59	0.72	4.54	3.56	98.24	89.57	3.44	66.29	80.29	25.7	15.9	263.19	299.94	2.1	120.42	40.05	2.96	2.32%	4.51	3.54%
PIC	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
PICL	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
PRIN	680.1	-7.91	-1.15%	0.01	0.14	209.55	36.47	29.58	1.15	16.58	13.12	57.22	248.72	5.9	30.1	35.95	28.41	4.42	41.86	53.58	37.14	21.14	47.28	3.88	3.07%	8.12	6.42%
RBCL	14,645	+216.43	+1.5%	0.04	0.04	6,524.1	106.34	105.37	0.46	144.49	120.36	47.81	4,203.32	2.22	119.43	92.28	39.07	3.18	107.62	127.2	8.17	74.76	17.04	1.55	1.28%	2.24	1.87%
SALICO	612.5	+17.49	+2.94%	0.02	0.18	233.64	89.86	23.94	1.43	6.77	10.85	-	238.82	3.1	85.75	28.05	6.4	3.46	89.66	59.45	-	10.2	49.56	1.12	1.8%	2.8	4.49%
SGI	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
SGIC	473	+1.7	+0.36%	0.01	0.13	153.04	71.52	51.92	1.7	3.19	7.82	56.24	164.1	2.36	80.18	43.26	5.67	4.3	154.83	64.07	40.71	15.65	27.09	0.75	1.85%	2.12	5.2%
SIC	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
SICL	618	+2.89	+0.47%	0.02	0.18	189.6	84.8	35.7	1.62	3.03	5.36	70.21	151.21	3.23	86.99	33.51	3.62	4.46	209.24	122.5	31.25	13.48	32.54	0.64	1.14%	1.61	2.86%
SIL	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
SPIL	705	+8.02	+1.15%	0.02	0.13	250.04	106.28	24.95	2.04	1.91	10.68	59.15	245.12	3.1	98.24	32.99	2.08	4.02	394.76	69.35	36.57	14.68	48.17	0.27	1.55%	0.73	4.15%
UAIL	456	-4	-0.87%	0.01	0.22	174.73	100.65	16.72	0.94	-4.03	1.32	87.54	72.04	2.18	85.94	31.43	-5.52	3.57	-116.1	362.12	22.41	11.41	46.63	-1.2	0.39%	-2.32	0.76%
UIC	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

AVG	1,773.08	20.24	0.45%	0.02	0.161	717.65	87.46	35.36	1.23	16.32	17.57	69.76	517.34	3.04	81.95	40.88	10.89	4.814	1,962.93	121.197	26.32	27.664	42.21	1.38	1.95%	2.73	4.11%
MED	615.25	2.29	0.42%	0.01	0.17	197.44	87.33	27.44	1.23	5.05	10.13	70.21	215.02	3.06	84.12	32.21	6.06	3.915	98.96	66.71	28.29	14.365	46.96	1.39	1.83%	2.8	4.32%
MAX	14,645	216.43	2.94%	0.04	0.24	6,524.1	114.99	105.37	2.04	144.49	120.36	98.24	4,203.32	5.9	119.43	92.28	39.07	15.9	22,150	362.12	40.71	120.42	57.72	3.88	3.28%	8.12	6.42%
MIN	439.9	-7.91	-1.15%	0.01	0.04	100.17	36.47	16.72	0.46	-4.03	1.32	47.81	72.04	2.16	30.1	25.56	-5.52	3.18	-116.1	45.49	2.1	9.01	17.04	-1.2	0.39%	-2.32	0.76%