The invention discloses a novel wire insulating material and relates to the technical field of electric engineering. The insulating material contains, by weight, 40-50 parts of nano-ceramics, 10-19 parts of polyurethane, 20-40 parts of chlorinated polyethylene rubber, 15-22 parts of silicon carbide, 2-8 parts of barium sulfate powder, 1.8-4.2 parts of sodium silicate, 2-5 parts of rubber, 8-11 parts of xylenol, 2-6 parts of iron oxide powder, 1.5-1.9 parts of sulphur, 9-17 parts of oxalic polyester, 12-16 parts of diglycidyl cyclohexanedicarboxylate, 4-12 parts of meerschaum, 2-7 parts of asphalt, 4-8 parts of an adhesive and 6-10 parts of a plasticizer. According to the novel wire insulating material, nano-ceramics is used as the main raw materials, and the other raw materials function together and cooperate with each other. Thus, the insulating material has good insulating properties, high strength, high temperature resistance, low high-frequecny loss, good humidity resistance, excellent flame retardancy and ageing resistance and long service life, and is appropriate to be used as a wire.