Global Insurance Low Leverage High Rewards

IRRC

Market Cap: JP¥5.6b

Engages in the life insurance agency business in Japan.

Oman United Insurance Company SAOG

Market Cap: ر.ع33.1m

Engages in the underwriting of general, life, and medical insurance businesses in the Sultanate of Oman.

Vienna Insurance Group

Market Cap: €9.1b

Engages in providing insurance products and services in Austria and internationally.

Sabre Insurance Group

Market Cap: UK£441.8m

Through its subsidiaries, writes general insurance for motor vehicles in the United Kingdom.

Conduit Holdings

Market Cap: UK£641.4m

Through its subsidiary, provides reinsurance products and services in the United States, Europe, and worldwide.

Helios Underwriting

Market Cap: UK£152.4m

Provides a limited liability investment for its shareholders in the Lloyd’s insurance market in the United Kingdom.

Yuanbao

Market Cap: US$619.3m

Provides insurance brokerage and agency licenses services in the People’s Republic of China.

BKI Holdings

Market Cap: ฿38.7b

Engages in the provision of non-life insurance in Thailand.

LPI Capital Bhd

Market Cap: RM 6.0b

An investment holding company, engages in the underwriting of general insurance products for personal and business needs in Malaysia, Singapore, Cambodia, and internationally.

First Insurance

Market Cap: NT$8.1b

Engages in the provision of a range of insurance products and related services in Taiwan.

Seoul Guarantee Insurance

Market Cap: ₩3.0t

Engages in non-life insurance and other related operations to individuals and corporates in South Korea and internationally.

Union Assurance

Market Cap: LK₨40.1b

Provides life insurance solutions to individual and corporate customers in Sri Lanka.

Atlantic Insurance Company

Market Cap: €92.7m

Provides insurance and financial services to individuals and businesses in Cyprus.

United Insurance

Market Cap: ৳2.7b

Provides non-life insurance in Bangladesh.

AgeSA Hayat ve Emeklilik Anonim Sirketi

Market Cap: ₺43.7b

Provides life insurance products in Turkey.

Tryg

Market Cap: DKK 92.2b

Engages in the provision of insurance products and services to private, small and medium sized commercial, and corporate customers in Denmark, the United States, rest of Nordic, Luxembourg, the United Kingdom, and internationally.

Momentum Group

Market Cap: R52.2b

Provides insurance and financial services in South Africa and internationally.

Consolidated Hallmark Holdings

Market Cap: ₦90.6b

Through its subsidiaries, primarily provides insurance products and services in Nigeria.

Shinkong Insurance

Market Cap: NT$50.9b

Provides property insurance to individuals and corporates in Taiwan.

China Life Insurance

Market Cap: HK$1.2t

Operates as a life insurance company in the People’s Republic of China.

Jubilee Life Insurance

Market Cap: PK₨17.7b

Provides life insurance products in Pakistan.

Farglory Life Insurance

Market Cap: NT$19.9b

Engages in the provision of insurance products and services in Taiwan.

QBE Insurance Group

Market Cap: AU$36.9b

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

Qatar Islamic Insurance Group Q.P.S.C

Market Cap: ر.ق1.2b

Provides a range of insurance products and services in Qatar.

Doha Insurance Group Q.P.S.C

Market Cap: ر.ق1.5b

Engages in insurance and reinsurance businesses in Qatar, the United Arab Emirates, Lebanon, Germany, India, and Jordan.

Central Insurance

Market Cap: ৳2.3b

Provides non-life insurance products in Bangladesh.

Asia Pacific General Insurance

Market Cap: ৳2.0b

Provides various non-life insurance products in Bangladesh.

Unipol Assicurazioni

Market Cap: €19.4b

Provides insurance products and services primarily in Italy.

Chesnara

Market Cap: UK£794.9m

Operates in life assurance and pension businesses primarily in the United Kingdom, Sweden, and the Netherlands.

MUA

Market Cap: MU₨3.1b

Provides various financial and insurance services for individuals and corporates in Mauritius, Kenya, Tanzania, Uganda, and Rwanda.

Abu Dhabi National Takaful Company PSC

Market Cap: د.إ557.6m

Provides takaful insurance solutions in the United Arab Emirates and internationally.

Taiwan Fire & Marine Insurance

Market Cap: NT$15.1b

Provides property and casualty insurance products and services in Taiwan.

Samsung Fire & Marine Insurance

Market Cap: ₩26.2t

Provides non-life insurance products and services in South Korea, China, Indonesia, Vietnam, Singapore, the United States, and the United Kingdom.

PICC Property and Casualty

Market Cap: HK$364.8b

Engages in property and casualty insurance business in People’s Republic of China.

AIA Group

Market Cap: HK$817.9b

Provides life insurance based financial services in Hong Kong.

Great Eastern Holdings

Market Cap: S$20.6b

An investment holding company, provides insurance products in Singapore, Malaysia, and rest of Asia.