Turk Re to offer coverage of trade receivables insurance

State-owned Turkish reinsurer Turk Reasurans AS said that it will offer reinsurance coverage for trade receivables insurance for businesses in the upper small and medium-sized enterprises segment, Middle East Insurance Review reported. Turk Re will offer reinsurance capacity against the risk of non-collection of trade receivables of businesses that have an annual turnover of more than 250 million Turkish lira ($13 million).