NLG Insurance Company Ltd.

Non Life InsuranceMid Cap

NPR 575.00

NPR -2.9-0.50%

09:11 AM NPT · May 13, 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

577.90

High

577.90

Low

562.30

Prev Close

577.90

Volume

4,549

Turnover

Rs 2,567,076.3

Txns

Valuation · Q2 FY25/26

EPS Ann.

0.86

EPS TTM

3.81

BVPS

163.55

P/E Ann.

668.60

P/E TTM

150.92

Graham #

56.26

Capital

Mkt Cap

14.75 Arab

Total

2.57 Crore

Public

1.26 Crore

Promoter

1.31 Crore

NEPSE Chart

Technical Analysis

Indicator Signals

MACD

Sell

RSI

Buy

SuperTrend

Strong Sell

Trend Analysis

Direction

Uptrend

Strength

Strong

Momentum

RSI (14)

26.17

ADX

32.15

Overall Score

Below Line

Technical Score

Moving Averages

SMA 20

601.5

SMA 50

643.84

Bands & Channels

BB Width %

15.24%

Volume & Flow

OBV

5,612,823

Flow Analysis

[ Live 2026-05-13 ]

Total Buy

60,086

Shares Bought

Total Sell

60,086

Shares Sold

Net Flow

Net Accumulation

Active Brokers

Participating

ACCUM/DIST

Accumulation 50%

Distribution 50%

Accumulators

Quantity

24,835

Amount

13,941,657

Avg Rate

561.37

Rank

Brokers

#10#68#5#45#57

Distributors

Quantity

24,631

Amount

14,107,921

Avg Rate

572.77

Rank

Brokers

#44#38#42

Net Flow Impact:

+204units

(Rs. -166,264)

Net Flow by Timeframe

NLG — Broker Breakdown (7D)

15 Buyers15 Sellers

[ Vol: 77,081 ]

Buy Side

Total: 35,890

Broker

QTY

AVG

NET

14,000

552.72

+2,000

23.3%

5,050

570.51

+5,050

8.4%

2,085

574.06

+1,754

3.5%

2,000

575.84

+1,789

3.3%

1,700

572.87

+1,335

2.8%

1,290

572.15

+808

2.1%

1,246

570.37

+457

2.1%

1,232

574.91

+371

2.0%

1,231

574.61

+1,231

2.0%

1,170

579.78

+1,170

1.9%

1,167

570.83

+661

1.9%

1,141

559.06

+670

1.9%

892

565.32

+858

1.5%

861

581.22

+810

1.4%

825

569.68

+783

1.4%

Sell Side

Total: 41,191

Broker

QTY

AVG

NET

15,117

571.80

-5,317

25.2%

5,255

574.13

-3,880

8.8%

4,259

574.55

-3,199

7.1%

3,660

563.78

-2,489

6.1%

2,741

573.55

-1,592

4.6%

2,396

568.17

-2,186

4.0%

2,112

575.47

-2,112

3.5%

1,360

575.29

-1,060

2.3%

946

578.71

-946

1.6%

753

574.96

-753

1.3%

610

577.38

-390

1.0%

575

566.88

-555

1.0%

500

575.23

-500

0.8%

468

575.00

-468

0.8%

439

572.47

-241

0.7%

Financial Fundamentals

Financial Metric	FY25/26 Q2	FY24/25 Q2	FY23/24 Q2	FY22/23 Q2	Growth %
Assets
Goodwill & Intangible Assets	861,046	775,845	1,005,286	0	+10.98%
Property and Equipment	112,787,323	69,436,922	103,244,638	35,108,000	+62.43%
Investment Properties	0.00	0.00	0.00	0	-
Deferred Tax Assets	55,035,217	59,973,390	77,510,714	0	-8.23%
Investment in Subsidiaries	0.00	0.00	0.00	0	-
Investment in Associates	0.00	0.00	0.00	0	-
Investments	3,537,777,590	2,785,273,004	2,722,176,867	530,719,000	+27.02%
Loans	42,942,816	27,391,757	18,534,987	22,210,000	+56.77%
Reinsurance Assets	3,759,436,251	2,863,516,075	2,076,908,178	0	+31.29%
Current Tax Assets	139,520,777	267,484,235	303,096,686	0	-47.84%
Insurance Receivables	1,117,434,338	1,052,455,443	609,772,122	0	+6.17%
Other Financial Assets	39,896,990	56,878,742	372,175,666	0	-29.86%
Other Assets	824,534,053	423,979,596	498,132,694	3,517,898,000	+94.47%
Cash and Cash Equivalent	244,537,727	161,899,152	73,634,833	61,555,000	+51.04%
Total Assets	9,874,764,128	7,769,064,161	6,856,192,671	4,167,490,000	+27.10%
Equity
Share Capital	2,565,224,432	1,539,535,960	1,459,275,791	1,326,614,000	+66.62%
Share Application Money Pending Allotment	0.00	0.00	0.00	0.00	-
Share Premium	271,916,153	0	0	0	-
Catastrophe Reserves	1,483,978,820	1,427,610,343	76,210,577	62,509,000	+3.95%
Retained Earnings	2,272,740	82,151,682	128,066,251	341,693,000	-97.23%
Other Equity	144,018,310	104,111,096	1,467,490,418	1,202,950,000	+38.33%
Total Equity	4,467,410,455	3,153,409,081	3,131,043,037	2,933,766,000	+41.67%
Liabilities
Insurance & Contract Liabilities
Provisions	166,492,934	309,897,301	340,315,803	1,063,396,000	-46.27%
Gross Insurance Contract Liabilities	4,868,751,996	3,812,357,758	2,897,176,035	0	+27.71%
Insurance Payable	8,708,882	60,852,597	62,597,308	0	-85.69%
Other Financial Liabilities	85,077,538	172,129,973	20,111,606	0	-50.57%
Other Liabilities	278,322,323	260,417,451	404,948,882	170,328,000	+6.88%
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	0.00	-
Total Liabilities	5,407,353,673	4,615,655,080	3,725,149,634	1,233,724,000	+17.15%
Total Equity and Liabilities	9,874,764,128	7,769,064,161	6,856,192,671	4,167,490,000	+27.10%

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	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
NICL	492.5	-0.49	-0.1%	0.01	0.19	166.91	-	0.39	9.24	186.28	-	0%	-	0.69%	5.97	1,277.18	0	1,256.41	53.03	35.72	0.12%	3.2%	0.24%	6.03%
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%
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	1,798.33	-39.56	-0.26%	0.02	0.13	710.83	-	9.24	15.94	480.06	-	0%	-	-1,627.7%	7.677	230.041	0.008	228.468	155.644	5,660.993	-0.08%	1.9%	-0.7%	4.14%
MED	599.5	-0.29	-0.06%	0.01	0.14	199.45	-	0.6	10.14	214.2	-	0%	-	0.88%	5.665	77.595	0	80.085	68.925	38.365	0.15%	1.62%	0.3%	4.23%
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	1,277.18	0.09	1,256.41	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%