Zimbabwean Insurance Defensive Blue Chips

BT Group

Market Cap: UK£16.3b

Provides communications products and services in the United Kingdom, Europe, the Middle East, Africa, the Americas, and the Asia Pacific.

Capitec Bank Holdings

Market Cap: R391.3b

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

Renesas Electronics

Market Cap: JP¥3.1t

Researches, develops, designs, manufactures, sells, and services semiconductors in Japan, China, rest of Asia, Europe, North America, and internationally.

QBE Insurance Group

Market Cap: AU$33.0b

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

Telenor

Market Cap: NOK 215.6b

Operates as a telecommunication company worldwide.

Asahi Group Holdings

Market Cap: JP¥3.0t

Manufactures and sells beer, alcohol and non-alcohol beverages, and food products in Japan, Europe, Oceania, and Southeast Asia.

Ajinomoto

Market Cap: JP¥3.0t

Engages in the seasonings and foods, frozen foods, and healthcare and other businesses in Japan and internationally.

Bank Hapoalim B.M

Market Cap: ₪73.9b

Provides various banking and financial services in Israel and internationally.

Dollar General

Market Cap: US$20.6b

A discount retailer, provides various merchandise products in the southern, southwestern, midwestern, and eastern United States.

Aviva

Market Cap: UK£15.5b

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

Bank of Shanghai

Market Cap: CN¥148.3b

Provides various personal and corporate banking products and services primarily in Mainland China.

Standard Bank Group

Market Cap: R371.8b

Provides financial products and services in South Africa and internationally.

Labcorp Holdings

Market Cap: US$20.4b

Provides laboratory services.

BNP Paribas Fortis

Market Cap: €18.0b

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

STMicroelectronics

Market Cap: €18.0b

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

SBI Life Insurance

Market Cap: ₹1.7t

Operates as a private life insurance company in India.

OTP Bank Nyrt

Market Cap: Ft7.3t

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

Public Bank Berhad

Market Cap: RM 85.9b

Provides banking products and services.

Eastroc Beverage(Group)

Market Cap: CN¥145.2b

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

McCormick

Market Cap: US$20.0b

Manufactures, markets, and distributes spices, seasoning mixes, condiments, and other flavorful products to the food industry.

Coca-Cola FEMSA. de

Market Cap: US$19.9b

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

Tyson Foods

Market Cap: US$19.9b

Operates as a food company worldwide.

BCE

Market Cap: CA$27.4b

A communications company, provides wireless, wireline, internet, streaming services, and television (TV) services to residential, business, and wholesale customers in Canada.

ASE Technology Holding

Market Cap: NT$597.6b

Provides semiconductors packaging and testing, and electronic manufacturing services in the United States, Taiwan, Asia, Europe, and internationally.

Straumann Holding

Market Cap: CHF 16.3b

Provides tooth replacement and orthodontic solutions worldwide.

Quest Diagnostics

Market Cap: US$19.7b

Provides diagnostic testing and services in the United States and internationally.

Terna

Market Cap: €17.4b

Provides electricity transmission and dispatching services in Italy, other Euro-area countries, and internationally.

Tenaga Nasional Berhad

Market Cap: RM 83.4b

Engages in the generation, transmission, distribution, and sale of electricity in Malaysia and internationally.

Varun Beverages

Market Cap: ₹1.7t

Manufactures, bottles, sells, and distributes beverages and value-added products under the PepsiCo brands.

GlobalFoundries

Market Cap: US$19.3b

A semiconductor foundry, provides range of mainstream wafer fabrication services and technologies worldwide.

Snam

Market Cap: €17.0b

Engages in the operation of natural gas transport and storage infrastructure.

Coles Group

Market Cap: AU$29.8b

Operates as a retailer in Australia.

Abu Dhabi Islamic Bank PJSC

Market Cap: د.إ70.1b

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

Uniper

Market Cap: €16.9b

Operates as an energy company in Germany, the United Kingdom, Sweden, the rest of Europe, and internationally.

Mega Financial Holding

Market Cap: NT$575.5b

Provides various financial services.

Erie Indemnity

Market Cap: US$18.9b

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