Xol Medical Abbreviation (2024)

FAQs

What does xol stand for? ›

XOL-Excess of Loss.

SOB: Shortness of breath.

Dx - Diagnosis, Sx - Symptoms, Fx - Fracture, Tx - Treatment, Hx - History S/b-seen by. Sortable table. Abbreviation.

Excess of Loss Insurance, also referred to as XoL, is a specialised form of Trade Credit Insurance designed to safeguard businesses against catastrophic or extraordinary financial losses arising from customer insolvency or default.

XoL insurance comes into its own when a company faces an unexpected loss greater than what it is usually able to absorb. With these policies, the insured party retains losses up to a certain amount – known as an Aggregate First Loss – which is set in agreement with the insurer.

Shortness of breath — known medically as dyspnea — is often described as an intense tightening in the chest, air hunger, difficulty breathing, breathlessness or a feeling of suffocation. Very strenuous exercise, extreme temperatures, obesity and higher altitude all can cause shortness of breath in a healthy person.

Shortness of breath is often a symptom of heart and lung problems. But it can also be a sign of other conditions like asthma, allergies or anxiety. Intense exercise or having a cold can also make you feel breathless.

OB: Abbreviation for obstetrician or for obstetrics, the art and science of managing pregnancy, labor and the puerperium, the time immediately after delivery.

What are the most common medical abbreviations? ›

ED/ER: Emergency Department or Emergency Room.

Unlike surplus treaty, an excess of loss treaty limits the liability of the reinsurer. Under an XoL arrangement the reinsurer agrees to pay losses in excess of deductible or attachment point or priority up to the cover limit.

TDG stands for Too Damn Good, Three Days Grace (band). The meaning of TDG is Too Damn Good, Three Days Grace (band). Explore this page to find out more Slang Words and Slang Meanings. Slangs are part of our everyday life. We utter them and we use them in our text messages.

Types of Excess of Loss Reinsurance

An example will be if an insurance company insures commercial property risks with policy limits up to $5 million. Then, they purchase per risk reinsurance of $3 million in excess of $2 million. Assuming a loss of $4 million occurs, $2 million is recovered from the insurance company.