Bermudian Software Defensive Blue Chips

Everest Group

Market Cap: US$14.2b

Together with subsidiaries, provides reinsurance and insurance products in the United States, Europe, and internationally.

Assurant

Market Cap: US$14.2b

Provides protection services to connected devices, homes, and automobiles in North America, Latin America, Europe, and the Asia Pacific.

Piraeus Bank

Market Cap: €12.3b

Provides various banking products and services in Greece, Europe, and internationally.

United Utilities Group

Market Cap: UK£10.5b

Provides water and wastewater services in the United Kingdom.

Tongfu MicroelectronicsLtd

Market Cap: CN¥95.4b

Provides integrated circuit (IC) encapsulation test services in China and internationally.

Rede D'Or São Luiz

Market Cap: R$72.9b

Engages in the provision of hospital services in Brazil.

Globe Life

Market Cap: US$14.1b

Through its subsidiaries, provides various life and supplemental health insurance products to lower middle- and middle-income families in the United States.

Kinsus Interconnect Technology

Market Cap: NT$452.1b

Engages in the manufacture and sale of electronic products in Taiwan and internationally.

BB Seguridade Participações

Market Cap: R$72.3b

Through its subsidiaries operates in the insurance, pension plans, and bonds, businesses in Brazil.

Tryg

Market Cap: DKK 90.2b

Engages in the provision of insurance products and services to private, small and medium sized commercial, and corporate customers in Denmark, the United States, rest of Nordic, Luxembourg, the United Kingdom, and internationally.

CNA Financial

Market Cap: US$13.9b

An insurance holding company, primarily provides commercial property and casualty insurance products in the United States, Canada, the United Kingdom, Continental Europe, and internationally.

Olympus

Market Cap: JP¥2.2t

Engages in the manufacture and sale of medical equipment in Japan, America, the Middle East, Asia, and Oceania.

GlobalWafers

Market Cap: NT$446.1b

Researches, develops, designs, manufactures and sells semiconductor ingots/wafers in Taiwan and internationally.

Shenzhen Techwinsemi Technology

Market Cap: CN¥92.5b

Develops, manufactures, and sells storage control chips and modules in China and internationally.

Origin Energy

Market Cap: AU$19.4b

An integrated energy company, engages in the exploration and production of natural gas, electricity generation, wholesale and retail sale of electricity and gas, and sale of liquefied natural gas in Australia and internationally.

Bank of Baroda

Market Cap: ₹1.3t

Provides various banking products and services to individuals, government departments, and corporate customers in India and internationally.

Hormel Foods

Market Cap: US$13.6b

Develops, processes, and distributes various meat, nut, and other food products to foodservice, convenience stores, and commercial customers in the United States and internationally.

Eastroc Beverage (Group)

Market Cap: CN¥91.6b

Engages in the manufacturing and distribution of beverages in the People’s Republic of China.

Insurance Australia Group

Market Cap: AU$19.2b

Insurance Australia Group Limited underwrites general insurance products and provides investment management services in Australia and New Zealand.

Israel Discount Bank

Market Cap: ₪40.5b

Provides various banking and financial services in Israel, Europe, and North America.

Metro

Market Cap: CA$18.8b

Through its subsidiaries, operates as a retailer, franchisor, distributor, and manufacturer in the food and pharmaceutical sectors in Canada.

Shanghai Iluvatar CoreX Semiconductor

Market Cap: HK$105.9b

Shanghai Iluvatar CoreX Semiconductor Co., Ltd.

iA Financial

Market Cap: CA$18.8b

Provides insurance and wealth management services for individual and group basis in Canada and the United States.

Wens Foodstuff Group

Market Cap: CN¥90.8b

Engages in the agricultural and animal husbandry businesses in China and internationally.

Uni-President Enterprises

Market Cap: NT$433.5b

Engages in the manufacture and sale of beverages and instant noodles in Taiwan, China, and Southeast Asia.

Mora Telematika Indonesia

Market Cap: Rp240.1t

Operates as a telecommunications infrastructure and network provider in Indonesia and Singapore.

Shanghai United Imaging Healthcare

Market Cap: CN¥90.6b

Shanghai United Imaging Healthcare Co., Ltd.

Banque Saudi Fransi

Market Cap: ر.س50.3b

Provides banking and financial services for individuals and businesses in the Kingdom of Saudi Arabia and internationally.

Pro Medicus

Market Cap: AU$19.0b

A healthcare informatics company, engages in the development and supply of healthcare imaging software, and radiology information (RIS) system software and services to hospitals, imaging centers, and health care groups in Australia, North America, and Europe.

Anhui Conch Cement

Market Cap: CN¥89.8b

Manufactures, sells, and trades in clinker and cement products in China and internationally.

Osaka Gas

Market Cap: JP¥2.1t

Provides natural gas, electricity, and other energy products and services in Japan and internationally.

RenaissanceRe Holdings

Market Cap: US$13.2b

Provides reinsurance and insurance products in the United States and internationally.

Rockchip Electronics

Market Cap: CN¥89.1b

Operates as a fabless IC design company focusing on Intelligent IoT in China.

SK Telecom

Market Cap: ₩18.7t

Engages in the provision of wireless telecommunication services in South Korea.

Erie Indemnity

Market Cap: US$13.2b

Operates as a managing attorney-in-fact for the subscribers at the Erie Insurance Exchange in the United States.

Amkor Technology

Market Cap: US$13.1b

Provides outsourced semiconductor packaging and test services in the United States, Japan, Europe, and the Asia Pacific.