NEW YORK (

TheStreet

) --

Renaissance Re Holdings

(NYSE:

RNR

) hit a new 52-week high Wednesday as it is currently trading at $77.79, above its previous 52-week high of $76.37 with 131,696 shares traded as of 9:45 a.m. ET. Average volume has been 348,400 shares over the past 30 days.

Renaissance Re has a market cap of $3.74 billion and is part of the

financial

sector and

insurance

industry. Shares are up 1.7% year to date as of the close of trading on Tuesday.

RenaissanceRe Holdings Ltd., together with its subsidiaries, provides reinsurance and insurance products and services worldwide.

  • Sign up for TheStreet's FREE Dividend and Income Investor Newsletter

TheStreet Ratings rates Renaissance Re as a

buy

. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures and solid stock price performance. We feel these strengths outweigh the fact that the company has had somewhat weak growth in earnings per share. You can view the full

Renaissance Re Ratings Report

.

See all

52-week high stocks

or get investment ideas from our

investment research center

.

null