Nigerian Insurance Defensive Blue Chips

Abu Dhabi Islamic Bank PJSC

Market Cap: د.إ75.8b

Provides banking, financing, and investing services in the United Arab Emirates, rest of the Middle East, and internationally.

AIB Group

Market Cap: €17.6b

Provides banking and financial products and services to retail, business, and corporate customers in the Republic of Ireland, the United Kingdom, and internationally.

Credicorp

Market Cap: US$20.2b

Provides various financial, insurance, and health services and products in Peru and internationally.

Dollar Tree

Market Cap: US$20.2b

Operates retail discount stores under the Dollar Tree and Dollar Tree Canada brands in the United States and Canada.

Bank of Shanghai

Market Cap: CN¥143.4b

Provides various banking products and services in China.

Coloplast

Market Cap: DKK 130.0b

Engages in the development and sale of intimate healthcare products and services in Denmark, the United States, the United Kingdom, France, and internationally.

Public Bank Berhad

Market Cap: RM 83.0b

Provides banking products and services.

OmniVision Integrated Circuits Group

Market Cap: CN¥142.6b

OmniVision Integrated Circuits Group, Inc.

Hua Hong Semiconductor

Market Cap: HK$154.0b

An investment holding company, engages in the manufacture and sale of semiconductor products in China, North America, Asia, Europe, and Japan.

Bank of Nanjing

Market Cap: CN¥140.6b

Provides various financial products and services in China.

Cellnex Telecom

Market Cap: €17.0b

Engages in the management of terrestrial telecommunications infrastructures in Austria, Denmark, Spain, France, Ireland, Italy, the Netherlands, Poland, Portugal, the United Kingdom, Sweden, and Switzerland.

Fortum Oyj

Market Cap: €17.0b

Engages in the generation and sale of electricity and heat in Finland, Sweden, the Netherlands, Ireland, Denmark, Belgium, the United Kingdom, Switzerland, Spain, France, Germany, Norway, and internationally.

CIMB Group Holdings Berhad

Market Cap: RM 81.1b

Provides various banking products and services in Malaysia and internationally.

Associated British Foods

Market Cap: UK£14.9b

Engages in the food, ingredients, and retail businesses worldwide.

Heineken Holding

Market Cap: €16.9b

Engages in brewing and selling beer and cider in the Netherlands and internationally.

STMicroelectronics

Market Cap: €16.8b

Designs, develops, manufactures, and sells semiconductor products in Europe, the Middle East, Africa, the Americas, and the Asia Pacific.

Sumitomo Mitsui Trust Group

Market Cap: JP¥3.0t

Operates as a trust bank in Japan and internationally.

Telenor

Market Cap: NOK 196.8b

Operates as a telecommunication company worldwide.

Coles Group

Market Cap: AU$29.9b

Operates as a retailer in Australia.

Gulf Development

Market Cap: ฿623.7b

Generates and sells electricity and steam to public and private clients in Thailand and internationally.

QBE Insurance Group

Market Cap: AU$29.7b

Engages in underwriting general insurance and reinsurance risks in the Australia Pacific, North America, and internationally.

KeyCorp

Market Cap: US$19.0b

Operates as the holding company for KeyBank National Association that provides various retail and commercial banking products and services in the United States.

Straumann Holding

Market Cap: CHF 15.2b

Provides tooth replacement and orthodontic solutions worldwide.

Commercial Bank for Foreign Trade of Vietnam

Market Cap: ₫496.3t

Provides banking products and services in Vietnam.

Montage Technology

Market Cap: CN¥133.9b

An integrated circuit (IC) design company, provides IC-based solutions for cloud computing and data center markets in the People’s Republic of China.

Mega Financial Holding

Market Cap: NT$588.1b

Provides various financial services in Taiwan.

Eastroc Beverage(Group)

Market Cap: CN¥133.4b

Engages in the research and development, production, and sales of beverages in China.

Tyson Foods

Market Cap: US$18.7b

Operates as a food company worldwide.

GigaDevice Semiconductor

Market Cap: CN¥132.9b

Engages in the research, development, technical support, and sale of memory, microcontrollers, and sensors.

NN Group

Market Cap: €16.1b

A financial services company, provides life and non-life insurance products in the Netherlands and internationally.

ON Semiconductor

Market Cap: US$18.6b

Provides intelligent sensing and power solutions in Hong Kong, Singapore, the United Kingdom, the United States, and internationally.

HDFC Life Insurance

Market Cap: ₹1.6t

Provides individual and group insurance solutions in India.

Rede D'Or São Luiz

Market Cap: R$98.7b

Engages in the provision of hospital services in Brazil.

Tenaga Nasional Berhad

Market Cap: RM 76.6b

Engages in the generation, transmission, distribution, and sale of electricity in Malaysia, the United Kingdom, Kuwait, the Republic of Ireland, Australia, and internationally.

Banco de Chile

Market Cap: CL$17.2t

Operates as a commercial bank that provides banking services in Chile.

Coca-Cola FEMSA. de

Market Cap: US$18.4b

A franchise bottler, produces, markets, sells, and distributes Coca-Cola trademark beverages in Mexico, Guatemala, Nicaragua, Costa Rica, Panama, Colombia, Brazil, Argentina, and Uruguay.