Russian Insurance Defensive Blue Chips

Svenska Handelsbanken

Market Cap: SEK 265.8b

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

Abu Dhabi Commercial Bank PJSC

Market Cap: د.إ103.2b

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

OTP Bank Nyrt

Market Cap: Ft9.2t

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

Luzhou LaojiaoLtd

Market Cap: CN¥196.8b

Produces and sells alcoholic products in China and internationally.

Atmos Energy

Market Cap: US$27.8b

Engages in the regulated natural gas distribution, and pipeline and storage businesses in the United States.

Brown & Brown

Market Cap: US$27.7b

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

W. R. Berkley

Market Cap: US$27.7b

An insurance holding company, operates as a commercial line writer worldwide.

Power Grid Corporation of India

Market Cap: ₹2.5t

An electric power transmission utility, engages in the power transmission business in India and internationally.

Bank Mandiri (Persero)

Market Cap: Rp452.7t

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: €23.4b

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.

Grupo Financiero Banorte. de

Market Cap: Mex$494.1b

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

Nestlé India

Market Cap: ₹2.4t

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

Banca Monte dei Paschi di Siena

Market Cap: €23.2b

Provides retail and commercial banking services in Italy.

Bank of Ningbo

Market Cap: CN¥189.1b

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

Koninklijke Philips

Market Cap: €23.0b

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

Shinhan Financial Group

Market Cap: ₩39.2t

Provides financial products and services in South Korea and internationally.

Capitec Bank Holdings

Market Cap: R455.3b

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

Powszechna Kasa Oszczednosci Bank Polski Spólka Akcyjna

Market Cap: zł96.1b

Provides various banking products and services in Poland and internationally.

Inner Mongolia Yili Industrial Group

Market Cap: CN¥185.0b

Inner Mongolia Yili Industrial Group Co., Ltd.

George Weston

Market Cap: CA$36.5b

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

EnBW Energie Baden-Württemberg

Market Cap: €22.4b

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

Huntington Bancshares

Market Cap: US$26.0b

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

Markel Group

Market Cap: US$26.0b

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

Aviva

Market Cap: UK£19.6b

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

CGN Power

Market Cap: HK$199.2b

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

American Water Works Company

Market Cap: US$25.6b

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

Cincinnati Financial

Market Cap: US$25.6b

Provides property casualty insurance products in the United States.

New China Life Insurance

Market Cap: CN¥180.4b

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

STERIS

Market Cap: US$25.4b

Provides infection prevention products and services worldwide.

VERBUND

Market Cap: €21.9b

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.

China Minsheng Banking

Market Cap: CN¥179.2b

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

Standard Bank Group

Market Cap: R434.8b

Provides financial products and services in South Africa and internationally.

China National Nuclear Power

Market Cap: CN¥178.9b

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

JD Health International

Market Cap: HK$196.4b

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

BNP Paribas Fortis

Market Cap: €21.7b

Provides various financial services in Belgium, Turkey, Luxembourg, and internationally.

DexCom

Market Cap: US$25.1b

A medical device company, focuses on the design, development, and commercialization of continuous glucose monitoring (CGM) systems in the United States and internationally.