Chinese Insurance Defensive Blue Chips

Abu Dhabi Commercial Bank PJSC

Market Cap: د.إ103.2b

Provides banking products and services in the United Arab Emirates and internationally.

Ørsted

Market Cap: DKK 180.7b

Owns, develops, constructs, and operates offshore and onshore wind farms, solar farms, energy storage and renewable hydrogen facilities, and bioenergy plants.

Japan Post Holdings

Market Cap: JP¥4.4t

Provides postal, banking, and insurance services in Japan.

ABN AMRO Bank

Market Cap: €24.0b

Provides various banking products and financial services to retail, private, and business clients in the Netherlands, rest of Europe, the United States, Asia, and internationally.

OTP Bank Nyrt

Market Cap: Ft9.2t

Provides commercial banking services to individuals, municipalities, corporations, and enterprises.

Bank of Jiangsu

Market Cap: CN¥196.7b

Provides various banking products and services in China.

Svenska Handelsbanken

Market Cap: SEK 262.4b

Provides various banking products and services for private and corporate customers primarily in Sweden, the United Kingdom, Norway, the Netherlands, and internationally.

China Tower

Market Cap: HK$215.2b

Provides telecommunication tower infrastructure services in the People's Republic of China.

Brown & Brown

Market Cap: US$27.5b

Brown & Brown, Inc. markets and sells insurance products and services in the United States, Canada, Ireland, the United Kingdom, and internationally.

Nestlé India

Market Cap: ₹2.4t

Engages in the manufacture and sale of food products in India and internationally.

Bank Mandiri (Persero)

Market Cap: Rp450.8t

Provides various banking products and services to individuals and businesses in Indonesia, Singapore, Hong Kong, Timor Leste, Shanghai, Malaysia, England, and the Cayman Islands.

ASM International

Market Cap: €23.2b

Engages in the research, development, manufacture, marketing, and servicing of equipment and materials used to produce semiconductor devices in Europe, the United States, and Asia.

Koninklijke Philips

Market Cap: €23.1b

Operates as a health technology company in North America, the Greater China, and internationally.

Grupo Financiero Banorte. de

Market Cap: Mex$487.8b

Through its subsidiaries, engages in the provision of banking and financial products and services in Mexico and internationally.

Astera Labs

Market Cap: US$26.6b

Designs, manufactures, and sells semiconductor-based connectivity solutions for cloud and AI infrastructure.

Powszechna Kasa Oszczednosci Bank Polski Spólka Akcyjna

Market Cap: zł96.8b

Provides various banking products and services in Poland and internationally.

Bank of Ningbo

Market Cap: CN¥187.3b

Provides various personal and business banking products and services in the People's Republic of China.

Capitec Bank Holdings

Market Cap: R449.8b

Through its subsidiaries, provides various banking products and services in South Africa.

George Weston

Market Cap: CA$36.7b

Provides food and drug retailing, and financial services in Canada.

Markel Group

Market Cap: US$26.2b

Through its subsidiaries, engages in the insurance business in the United States and internationally.

Aviva

Market Cap: UK£19.8b

Provides various insurance, retirement, and wealth products in the United Kingdom, Ireland, Canada, and internationally.

Inner Mongolia Yili Industrial Group

Market Cap: CN¥185.2b

Inner Mongolia Yili Industrial Group Co., Ltd.

Cincinnati Financial

Market Cap: US$26.1b

Provides property casualty insurance products in the United States.

STERIS

Market Cap: US$26.1b

Provides infection prevention products and services worldwide.

EnBW Energie Baden-Württemberg

Market Cap: €22.3b

Operates as an integrated energy company in Germany, Rest of Europe, and internationally.

Huntington Bancshares

Market Cap: US$25.6b

Operates as the bank holding company for The Huntington National Bank that provides commercial, consumer, and mortgage banking services in the United States.

VERBUND

Market Cap: €22.1b

Generates, trades in, and sells electricity to energy exchange markets, traders, electric utilities and industrial companies, and household and commercial customers in Austria and internationally.

Shinhan Financial Group

Market Cap: ₩37.6t

Provides financial products and services in South Korea and internationally.

New China Life Insurance

Market Cap: CN¥180.5b

Provides life insurance products and services to individuals and institutions in China.

American Water Works Company

Market Cap: US$25.4b

Through its subsidiaries, provides water and wastewater services in the United States.

CGN Power

Market Cap: HK$197.0b

Operates and manages nuclear power stations, sells electricity generated by these stations, and provides related technical services in the People’s Republic of China.

China Minsheng Banking

Market Cap: CN¥177.9b

Provides banking products and services in the People's Republic of China.

JD Health International

Market Cap: HK$195.6b

An investment holding company, engages in the operation of an online healthcare platform in the People’s Republic of China.

China National Nuclear Power

Market Cap: CN¥177.5b

Engages in the investment, development, construction, operation, and management of nuclear power projects in the People's Republic of China.

Standard Bank Group

Market Cap: R426.8b

Provides financial products and services in South Africa and internationally.

Huaneng Lancang River Hydropower

Market Cap: CN¥176.4b

Engages in the development, construction, operation, and management of hydropower and new energy power generation projects.