Serbian Telecom Defensive Blue Chips

Reinsurance Group of America

Market Cap: US$13.5b

Provides reinsurance and financial solutions.

Grupo Nutresa S. A

Market Cap: Col$56.7t

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

Unipol Assicurazioni

Market Cap: €12.1b

Provides insurance products and services primarily in Italy.

Tata Consumer Products

Market Cap: ₹1.1t

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

Admiral Group

Market Cap: UK£10.1b

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

True Corporation

Market Cap: ฿438.8b

Provides telecommunications and value-added services in Thailand.

Max Healthcare Institute

Market Cap: ₹1.1t

Provides medical and healthcare services in India.

Bank of Hangzhou

Market Cap: CN¥95.8b

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

Mashreqbank PSC

Market Cap: د.إ48.5b

Provides various banking and financial services to individuals and corporates.

Align Technology

Market Cap: US$13.2b

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

Performance Food Group

Market Cap: US$13.2b

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

BB Seguridade Participações

Market Cap: R$74.4b

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

ASR Nederland

Market Cap: €11.9b

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

Rede D'Or São Luiz

Market Cap: R$74.3b

Operates a network of hospitals in Brazil.

CNA Financial

Market Cap: US$13.1b

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

United Spirits

Market Cap: ₹1.1t

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

Bank of the Philippine Islands

Market Cap: ₱721.2b

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

Grupo Bimbo. de

Market Cap: Mex$253.2b

Produces, distributes, and sells various bakery products.

Punjab National Bank

Market Cap: ₹1.1t

Provides various banking and financial products and services in India.

Albertsons Companies

Market Cap: US$12.9b

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

Kansai Electric Power Company

Market Cap: JP¥1.9t

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

Hana Financial Group

Market Cap: ₩18.2t

Through its subsidiaries, provides financial services in South Korea.

Shree Cement

Market Cap: ₹1.1t

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

Insurance Australia Group

Market Cap: AU$19.9b

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

Hua Nan Financial Holdings

Market Cap: NT$385.8b

Provides financial services in Taiwan and internationally.

Adani Energy Solutions

Market Cap: ₹1.1t

Generates, transmits, and distributes power in India.

Hologic

Market Cap: US$12.6b

Engages in the development, manufacture, and supply of diagnostics products, medical imaging systems, and surgical products for women's health through early detection and treatment worldwide.

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.

Guangdong Haid Group

Market Cap: CN¥90.2b

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

Taiwan Cooperative Financial Holding

Market Cap: NT$380.6b

Provides commercial banking, insurance, securities, bills finance, venture capital, asset management, and investment trust services in Taiwan.

Etihad Etisalat

Market Cap: ر.س46.6b

Through its subsidiaries, establishes and operates mobile wireless telecommunication and fiber optic networks in the Kingdom of Saudi Arabia.

Teradyne

Market Cap: US$12.4b

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

Montage Technology

Market Cap: CN¥89.3b

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

East West Bancorp

Market Cap: US$12.4b

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: €11.1b

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

BPER Banca

Market Cap: €11.1b

Provides banking products and services for individuals, and businesses and professionals in Italy and internationally.