Global Strong Past Earnings Growth, P/E Ratio Below 20

Shell

Market Cap: UK£161.5b

Operates as an energy and petrochemical company in Europe, Asia, Oceania, Africa, the United States, and other parts of the Americas.

Allianz

Market Cap: €153.7b

Provides property-casualty insurance, life/health insurance, and asset management products and services worldwide.

Walt Disney

Market Cap: US$171.5b

Operates as an entertainment company in Americas, Europe, and the Asia Pacific.

China Life Insurance

Market Cap: HK$1.1t

Operates as a life insurance company in the People’s Republic of China.

Chubb

Market Cap: US$132.4b

Provides insurance and reinsurance products worldwide.

Progressive

Market Cap: US$131.1b

Operates as an insurance company in the United States.

Canadian Natural Resources

Market Cap: CA$116.5b

Engages in the acquisition, exploration, development, production, marketing, and sale of crude oil, natural gas, and natural gas liquids (NGLs) in Western Canada, the United Kingdom sector of the North Sea, and Offshore Africa.

Cigna Group

Market Cap: US$74.8b

Provides insurance and related products and services in the United States.

Intuit

Market Cap: US$73.2b

Provides financial management, payments and capital, compliance, and marketing products and services in the United States.

Northrop Grumman

Market Cap: US$71.0b

Operates as an aerospace and defense technology company in the United States, Asia/Pacific, Europe, and internationally.

Intercontinental Exchange

Market Cap: US$70.2b

Provides technology and data to financial institutions, corporations, and government entities in the United States, the United Kingdom, the European Union, Canada, Asia Pacific, and the Middle East.

Münchener Rückversicherungs-Gesellschaft in München

Market Cap: €60.7b

Engages in the insurance and reinsurance businesses worldwide.

Manulife Financial

Market Cap: CA$95.4b

Provides financial products and services in the United States, Canada, Asia, and internationally.

Aflac

Market Cap: US$61.2b

Through its subsidiaries, provides supplemental health and life insurance products.

Alimentation Couche-Tard

Market Cap: CA$85.8b

Operates and licenses convenience stores in North America, Europe, and Asia.

Delta Air Lines

Market Cap: US$60.5b

Provides scheduled air transportation for passengers and cargo in the United States and internationally.

Saudi Telecom

Market Cap: ر.س217.8b

Provides telecommunications, information, media, and digital payment services in the Kingdom of Saudi Arabia and internationally.

Life Insurance Corporation of India

Market Cap: ₹5.5t

Provides life insurance products in India, Fiji, Mauritius, and the United Kingdom.

Singapore Telecommunications

Market Cap: S$72.8b

Provides telecommunication services to consumers and small businesses in Singapore, Australia, and internationally.

Swiss Re

Market Cap: CHF 37.6b

Provides reinsurance, insurance, other insurance-based forms of risk transfer, and other insurance-related services worldwide.

Sun Hung Kai Properties

Market Cap: HK$329.8b

An investment holding company, develops and invests in properties for sale and rent in Hong Kong, Mainland China, and internationally.

PICC Property and Casualty

Market Cap: HK$322.5b

Engages in property and casualty insurance business in People’s Republic of China.

Ameriprise Financial

Market Cap: US$40.7b

Operates as a diversified financial services company in the United States and internationally.

American International Group

Market Cap: US$40.1b

Provides insurance products for commercial, institutional, and individual customers in North America and internationally.

China Pacific Insurance (Group)

Market Cap: CN¥266.5b

Provides insurance products to in the People’s Republic of China.

Dubai Electricity and Water Authority (PJSC)

Market Cap: د.إ139.0b

Generates, transmits, and distributes electricity for residential, commercial, industrial, and government customers primarily in Dubai.

Hartford Insurance Group

Market Cap: US$36.7b

Provides insurance and financial services to individual and business customers in the United States, the United Kingdom, and internationally.

Koninklijke Ahold Delhaize

Market Cap: €31.2b

Operates retail food stores and e-commerce in the Netherlands, the United States, and internationally.

Arch Capital Group

Market Cap: US$33.9b

Provides insurance, reinsurance, and mortgage insurance products in the United States, Canada, Bermuda, the United Kingdom, Europe, and Australia.

Lenovo Group

Market Cap: HK$264.0b

An investment holding company, develops, manufactures, and markets technology products and services.

Hannover Rück

Market Cap: €28.8b

Provides reinsurance products and services in Germany, the United Kingdom, France, Europe, the United States, Asia, Australia, Africa, and internationally.

Ryanair Holdings

Market Cap: €28.5b

Engages in the provision of scheduled-passenger airline services in Ireland, Italy, Spain, the United Kingdom, and internationally.

Talanx

Market Cap: €28.0b

Provides insurance and reinsurance products and services worldwide.

Credicorp

Market Cap: US$30.5b

Provides various banking services and products in Peru, Bermuda, Colombia, Bolivia, Panama, Chile, the United States, the Cayman Islands, and Mexico.

Citizens Financial Group

Market Cap: US$29.8b

Operates as the bank holding company that provides retail and commercial banking products and services to individuals, small businesses, middle-market companies, large corporations, and institutions in the United States.

Emaar Properties PJSC

Market Cap: د.إ107.3b

Engages in the property investment, development, and development management business in the United Arab Emirates and internationally.