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NEW YORK ( TheStreet) -- Chubb (NYSE: CB) hit a new 52-week high Friday as it is currently trading at $66.90, above its previous 52-week high of $66 with 642,203 shares traded as of 10:05 a.m. ET. Average volume has been 3.1 million shares over the past 30 days. Chubb has a market cap of $18.5 billion and is part of the financial sector and insurance industry. Shares are up 8.4% year to date as of the close of trading on Thursday. The Chubb Corporation, through its subsidiaries, provides property and casualty insurance to businesses and individuals. The company has a P/E ratio of 9.4, equal to the average insurance industry P/E ratio and below the S&P 500 P/E ratio of 17.7.