Bermudian Utilities Defensive Blue Chips

Indian Bank

Market Cap: ₹1.1t

Provides various banking products and services.

Webster Financial

Market Cap: US$11.7b

Operates as the bank holding company for Webster Bank, National Association that provides various financial products and services to businesses, individuals, and families in the United States.

Budweiser Brewing Company APAC

Market Cap: HK$91.9b

An investment holding company, engages in brewing and distribution of beer in South Korea, Japan, New Zealand, China, India, Vietnam, Southeast Asia, and internationally.

Yokohama Financial Group

Market Cap: JP¥1.9t

Provides various banking products and services to small and medium-sized businesses and individuals in Japan and internationally.

CNA Financial

Market Cap: US$11.7b

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

GlobalWafers

Market Cap: NT$370.5b

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

Erie Indemnity

Market Cap: US$11.7b

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

BJ's Wholesale Club Holdings

Market Cap: US$11.7b

Operates membership warehouse clubs on the eastern half of the United States.

GAIL (India)

Market Cap: ₹1.1t

Operates as a natural gas processing and distribution company in India and internationally.

Great Eastern Holdings

Market Cap: S$14.9b

An investment holding company, provides insurance products in Singapore, Malaysia, and rest of Asia.

Commercial Bank for Investment and Development of Vietnam

Market Cap: ₫303.2t

Provides various banking products and services in Vietnam and internationally.

Harel Insurance Investments & Financial Services

Market Cap: ₪34.3b

Offers insurance and financial services in Israel, Europe, and internationally.

First Horizon

Market Cap: US$11.5b

Operates as the bank holding company for First Horizon Bank that provides various financial services.

Tata Consumer Products

Market Cap: ₹1.1t

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

HKT Trust and HKT

Market Cap: HK$89.9b

An investment holding company, engages in the provision of technology, and satellite-and network-based telecommunications and related services in Hong Kong, Mainland China, and internationally.

Guangxi Guiguan Electric PowerCo.Ltd

Market Cap: CN¥77.6b

Engages in the generation and sale of electricity in China.

Indus Towers

Market Cap: ₹1.1t

A telecom infrastructure company, engages in the operation and maintenance of wireless communication towers and related infrastructures for various telecom service providers in India, Nigeria, Uganda, and Zambia.

Kokusai Electric

Market Cap: JP¥1.8t

Engages in the development, manufacture, sale, repair, and maintenance of semiconductor manufacturing equipment worldwide.

ROHM

Market Cap: JP¥1.8t

Manufactures and sells electronic components worldwide.

Skyworks Solutions

Market Cap: US$11.3b

Develops, manufactures, and markets analog and mixed-signal semiconductor products and solutions in the United States, Taiwan, China, South Korea, Europe, the Middle East, Africa, and the Asia Pacific.

Aier Eye Hospital Group

Market Cap: CN¥76.7b

Operates as an ophthalmic medical company in China, Hong Kong, Europe, the United States, Europe, and Southeast Asia.

Chongqing Rural Commercial Bank

Market Cap: HK$88.6b

Provides banking and related financial services in the People’s Republic of China.

Taiwan Mobile

Market Cap: NT$357.6b

Provides telecommunications, broadband, retail, digital, and financial services in Taiwan and internationally.

OPC Energy

Market Cap: ₪33.5b

Engages in the development, construction, operation, generation, and supply of electricity and energy in Israel.

iA Financial

Market Cap: CA$15.7b

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

Discovery

Market Cap: R185.7b

Provides various insurance products and services primarily in South Africa and the United Kingdom.

Centrica

Market Cap: UK£8.4b

Operates as an integrated energy company in the United Kingdom, Ireland, Scandinavia, North America, and internationally.

Marico

Market Cap: ₹1.1t

Manufactures and sells branded consumer products in India, Bangladesh, Vietnam, and internationally.

Arab National Bank

Market Cap: ر.س41.5b

Provides various banking products and services in the Kingdom of Saudi Arabia, Other GCC and the Middle East, Europe, North America, Latin America, Southeast Asia, and internationally.

Nexchip Semiconductor

Market Cap: CN¥74.7b

Engages in the research, development, production, and sale of integrated circuit-related products in China and internationally.

Kinsus Interconnect Technology

Market Cap: NT$347.8b

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

Industrial Bank of Korea

Market Cap: ₩16.7t

Operates as a small and medium-sized enterprise (SME) financing bank in Korea and internationally.

Quebecor

Market Cap: CA$15.2b

Engages in the telecommunications, media, and sports and entertainment businesses in Canada.

Sichuan Chuantou EnergyLtd

Market Cap: CN¥73.8b

Engages in the clean energy business in China.

American Financial Group

Market Cap: US$10.9b

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

Sanan OptoelectronicsLtd

Market Cap: CN¥73.3b

Engages in the research, development, production, and sale of compound semiconductor materials and devices in China and internationally.