- Trade Credit Insurance Ticari Alacak Sigortası
- Insurance that protects a seller against the risk of non-payment by a buyer for goods or services delivered on credit. Covers buyer insolvency, protracted default and, in export policies, political risks. In Turkey, trade credit insurance is offered by private insurers and through state-supported Türk Eximbank programmes.
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- Treaty Reinsurance Treaty Reasürans
- A standing reinsurance agreement under which the cedant automatically cedes, and the reinsurer automatically accepts, all risks falling within defined criteria. The cedant does not need to offer individual risks for approval. Major treaty forms include quota share, surplus, excess of loss (XL) and stop loss (aggregate excess of loss).
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