Bermudian Telecom Defensive Blue Chips

Bank of Hangzhou

Market Cap: CN¥100.5b

Provides various banking products and services to individuals, corporate, and small and micro businesses in China.

Qatar Islamic Bank (Q.P.S.C.)

Market Cap: ر.ق50.7b

Provides corporate, retail, and investment banking products and services in Qatar and internationally.

Rede D'Or São Luiz

Market Cap: R$78.6b

Operates a network of hospitals in Brazil.

Reinsurance Group of America

Market Cap: US$13.8b

Provides reinsurance and financial solutions.

Unipol Assicurazioni

Market Cap: €12.4b

Provides insurance products and services primarily in Italy.

Performance Food Group

Market Cap: US$13.8b

Through its subsidiaries, engages in the marketing and distribution of food and food-related products in North America.

CP ALL

Market Cap: ฿458.1b

Operates and franchises convenience stores under the 7-Eleven name to other retailers primarily in Thailand, Malaysia, and internatinally.

Align Technology

Market Cap: US$13.6b

Designs, manufactures, and markets Invisalign clear aligners, Vivera retainers, and iTero intraoral scanners and services in the United States, Switzerland, and internationally.

Grupo Nutresa S. A

Market Cap: Col$56.5t

Operates in the food industry in Colombia, Latin America, and internationally.

Tata Consumer Products

Market Cap: ₹1.2t

Produces, distributes, and trades in food products in India, the United States, the United Kingdom, and internationally.

ASR Nederland

Market Cap: €12.1b

Provides insurance, pensions, and mortgages products and services for consumers, entrepreneurs, and employers in the Netherlands.

Dino Polska

Market Cap: zł51.0b

Operates a network of mid-sized grocery supermarkets under the Dino brand name in Poland.

Shree Cement

Market Cap: ₹1.1t

Engages in the manufacture and sale of cement and clinker in India and internationally.

Admiral Group

Market Cap: UK£10.0b

A financial services company, provides insurance and personal lending products in the United Kingdom, France, Italy, Spain, and the United States.

Punjab National Bank

Market Cap: ₹1.1t

Provides various banking and financial products and services in India.

Teradyne

Market Cap: US$13.3b

Designs, develops, manufactures, and sells automated test systems and robotics products in the United States, Asia Pacific, Europe, the Middle East, and Africa.

CNA Financial

Market Cap: US$13.3b

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

Max Healthcare Institute

Market Cap: ₹1.1t

Provides medical and healthcare services in India.

East West Bancorp

Market Cap: US$13.2b

Operates as the bank holding company for East West Bank that provides a range of personal and commercial banking services to businesses and individuals in the United States.

FinecoBank Banca Fineco

Market Cap: €11.8b

Provides banking, credit, trading and investment services in Italy.

Mashreqbank PSC

Market Cap: د.إ48.1b

Provides various banking and financial services to individuals and corporates.

Insurance Australia Group

Market Cap: AU$20.4b

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

Hana Financial Group

Market Cap: ₩18.2t

Through its subsidiaries, provides financial services in South Korea.

BB Seguridade Participações

Market Cap: R$73.4b

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

Guangdong Haid Group

Market Cap: CN¥93.3b

Researches, develops, produces, sells, and services animal feed products in China and internationally.

Kansai Electric Power Company

Market Cap: JP¥1.9t

Engages in electricity, gas and heat supply, and telecommunication businesses in Japan.

Adani Energy Solutions

Market Cap: ₹1.1t

Generates, transmits, and distributes power in India.

Bank of the Philippine Islands

Market Cap: ₱716.5b

Provides various financial products and services to retail and corporate clients in the Philippines.

True Corporation

Market Cap: ฿428.4b

Provides telecommunications and value-added services in Thailand.

United Spirits

Market Cap: ₹1.1t

Engages in the manufacture, sale, and distribution of alcoholic beverages and other allied spirits in India and internationally.

Grupo Bimbo. de

Market Cap: Mex$248.7b

Produces, distributes, and sells various bakery products.

Fisher & Paykel Healthcare

Market Cap: NZ$21.7b

Designs, manufactures, markets, and sells medical device products and systems in North America, Europe, the Asia Pacific, and internationally.

Universal Health Services

Market Cap: US$12.8b

Through its subsidiaries, owns and operates acute care hospitals, and outpatient and behavioral health care facilities.

Albertsons Companies

Market Cap: US$12.7b

Through its subsidiaries, operates in the food and drug retail industry in the United States.

Hua Nan Financial Holdings

Market Cap: NT$384.4b

Provides financial services in Taiwan and internationally.

Bank of Ireland Group

Market Cap: €11.4b

Provides banking and other financial services in the Republic of Ireland, the United Kingdom, and internationally.