NEW YORK ( TheStreet) -- W.R. Berkley Corporation (NYSE: WRB) hit a new 52-week high Wednesday as it traded at $29.28 compared with its previous 52-Week high of $29.21. W.R. Berkley is changing hands at $29.28 with 11,227 shares traded as of 9:37 a.m. ET. Average volume has been 863,900 shares over the past 30 days. W.R. Berkley has a market cap of $4.2 billion and is part of the financial sector and insurance industry. Shares are up 6.1% year to date as of the close of trading on Tuesday. W.R. Berkley Corporation, through its subsidiaries, operates in the property casualty insurance business in the United States and internationally. The company operates in five segments: Specialty, Regional, Alternative Markets, Reinsurance, and International. The company has a P/E ratio of 10.8, above the average insurance industry P/E ratio of 10.1 and below the S&P 500 P/E ratio of 23.4. TheStreet Ratings rates W.R. Berkley as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, attractive valuation levels, notable return on equity, increase in stock price during the past year and growth in earnings per share. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full W.R. Berkley Ratings Report. See all 52-week high stocks or get investment ideas from our investment research center.