Finance, Banking & Insurance

Tokyo – October 19, 2026 -- Japan's Ministry of Economy, Trade and Industry (METI) drew more than 10,000 visitors to Global Startup EXPO 2026 (GSE2026) in Osaka and named 10 winners at the Nippon Startup Awards 2026, putting robotics and genome-editing startups at the center of its deep-tech push.

GSE2026 hosts 50+ sessions with global investors in Osaka

GSE2026 ran October 5-7 in Osaka and featured more than 50 conference sessions. METI said the event generated business matchmaking sessions between global investors and Japanese startups exploring strategic investments and collaborations.

Ben Horowitz, co-founder of Andreessen Horowitz (a16z), and Andy Rubin, co-founder of Android, took part. METI plans to hold the Global Startup EXPO again next year.

Manila – October 19, 2026 -- Salmon Group, a technology-driven banking and lending platform in the Philippines, has secured an additional $140 million in financing to expand its lending operations in the country.

Financing combines $90 million in commitments with $50 million in bond proceeds

The round consists of $90 million committed by Spice Expeditions, WashU and Moore, plus $50 million of bond proceeds.

Proceeds will fund the scaling of profitable lending, specifically the Salmon Credit Line and in-store lending. They will also finance the nationwide roll-out of new products, including motorcycle and MSME lending.

Salmon reaches 9 million app downloads in under four years of operations

Salmon operates through two licensed entities: Salmon Bank (Rural Bank), licensed by the BSP, and Salmon Finance, licensed by the SEC. The company describes itself as one of the fastest-growing technology companies in the Philippines.

United States – October 18, 2026 -- Coalition says policies it provided paid more than $315 million in cyber claims in 2025. The insurer is urging brokers to counter the belief that cyber insurance does not pay claims, an objection it says can stall coverage decisions.

Zero-indemnity closures reflect early intervention, Coalition argues

The National Association of Insurance Commissioners (NAIC) reported that 26% of cyber claims in 2025 closed with indemnity payments. Verizon reported a recorded pay-out on 55% of 2025 claims. Coalition says critics read claims closed without an indemnity payment as denials, when many reflect incidents contained early.

London – October 18, 2026 -- Coalition reports 130,000+ global policyholders and $1 billion in global gross written premium on a proforma basis, figures it presented at the debut of Activate Europe, its largest cyber broker event outside the US.

The event drew brokers, underwriters, reinsurers, incident response firms and legal experts, according to the company.

Allianz partnership extends Coalition's enterprise reach across 20+ geographies

Coalition announced a long-term strategic partnership with Allianz in July to bring Active Cyber Insurance to the global enterprise market. Allianz supplies AA-rated capacity, global reach and infrastructure for international programs. Coalition contributes real-time risk intelligence, data-driven underwriting, active protection and specialised claims response.

Chicago – October 18, 2026 -- Donnelley Financial Solutions (NYSE: DFIN) will release its third-quarter fiscal 2026 financial results before the market opens on Thursday, October 18, 2026, via a Form 8-K filing with the U.S. Securities and Exchange Commission.

DFIN schedules 9:00 a.m. Eastern call for analyst questions on Oct. 29

The company will hold a conference call and webcast at 9:00 a.m. Eastern time on the same day. Management will discuss the quarterly results, provide a general business update and respond to analyst questions.

Webcast registration opens 15 minutes before the call, replay to follow

A live webcast will be available on DFIN's investor relations website. Participants are asked to visit the site at least fifteen minutes before the start to register and download any necessary audio software.

Selangor – October 17, 2026 -- Founder Group Limited (FGL) will combine its shares at a ratio of 100 for 1 effective September 1, 2026, shrinking its Class A share count from 7,369,159 to approximately 73,693 as it works to regain compliance with Nasdaq Marketplace Rule 5550(a)(2).

Class A shares move to a new CUSIP on September 1

Class A shares will trade on the Nasdaq Capital Market on an adjusted basis from the opening of trading on September 1, 2026. The ticker stays "FGL", but the shares carry a new CUSIP number, G3662E147. The company said the aim is to maintain its Nasdaq listing.

Class B count falls from 186,358 to about 1,865

Immediately before the combination, 7,369,159 Class A shares and 186,358 Class B shares, both of no par value, are issued and outstanding. Afterwards, Class A shares will total approximately 73,693 and Class B shares approximately 1,865.

Bangkok – October 17, 2026 -- The Arab Gulf Programme for Development (AGFUND) has disbursed more than US$1.37 billion in financing to over 1.3 million clients since inception, and its microfinance network has now won the "Excellence in Inclusive Banking and Social Impact" award at the 2026 Sustainable Development Goals Awards.

The World Savings and Retail Banking Institute (WSBI) organized the awards with the European Savings and Retail Banking Group (ESBG). AGFUND CEO Hammam bin Nasser bin Juraid accepted the award in Bangkok, alongside the Annual Meetings of the International Monetary Fund and World Bank Group.

AGFUND network has issued 1.5 million loans across nine countries

AGFUND opened its first bank in Jordan in 2004. The network now covers Jordan, Yemen, Bahrain, Syria, Lebanon, Palestine, Sudan, Mauritania and Sierra Leone, focusing on communities underserved by conventional financial institutions.

San Francisco – October 17, 2026 -- Corgi Insurance has appointed James Kullman, a commercial underwriter with nearly 15 years of experience, as Head of Underwriting, North America.

Kullman moves from Chubb's small and lower middle market unit

Kullman joins from Chubb, where he most recently served as Assistant Vice President and Pacific North Region Underwriting Manager for North American Small and Lower Middle Market. His earlier underwriting roles were at CNA Insurance, The Hartford and Liberty Mutual. There he worked across construction, middle-market accounts and property and casualty insurance.

Dallas – October 17, 2026 -- The NXG Cushing® Midstream Energy Fund (NYSE: SRV) will become The NXG Cushing® Energy Infrastructure Fund effective October 17, 2026, after its Board of Trustees approved a new name and a broader 80% investment policy.

The ticker symbol SRV and the CUSIP 231631300 for the Fund's common shares will not change.

Singapore – October 17, 2026 -- BUUU Group Limited (Nasdaq: BUUU) will begin trading its Class A ordinary shares on a split-adjusted basis at market open on October 17, 2026, after its board approved a 10-for-1 forward share split. The company says the move is meant to broaden its investor base and improve trading liquidity.

Split subdivides Class A and Class B shares into ten each

Each issued and unissued Class A and Class B ordinary share will be subdivided into ten shares of the same class. Shareholders will hold nine additional shares for every share held before the split. The Class A shares stay on the Nasdaq Capital Market under the symbol "BUUU" and will carry a new CUSIP number, G1739L110. The board approved the split on October 17, 2026.