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Second Highest Premium in SQL
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Second Highest Premium in SQL

MediumSQL · PostgreSQL

Problem

AXA XL Insurance needs to identify policies associated with the second-highest premium paid in its UK Property portfolio. Write a PostgreSQL query that ranks distinct premium values and returns every policy tied at the second-highest value.

Requirements

  1. Consider only policies where product_line = 'Property', policy_status = 'Active', and underwriting_region = 'UK'.
  2. Treat premium_paid as the amount to rank and exclude NULL values from the ranking.
  3. Use DENSE_RANK() so all policies tied at the second-highest distinct premium are returned.
  4. Include the policy number, premium paid, and policyholder name. Retain a qualifying policy even when its policyholder record is missing, and order results by policy number.

Schema

axa_xl_policies
ColumnTypeDescription
policy_idPKINTUnique policy identifier
policy_numberVARCHAR(30)AXA XL Insurance policy reference
policyholder_idINTAssociated policyholder identifier
product_lineVARCHAR(40)Insurance product line
policy_statusVARCHAR(20)Current policy status
underwriting_regionVARCHAR(20)Underwriting region
premium_paidNUMERIC(12,2)Premium paid for the policy
policyholders
ColumnTypeDescription
policyholder_idPKINTUnique policyholder identifier
holder_nameVARCHAR(100)Policyholder or insured organization name
Tablesaxa_xl_policiespolicyholders
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