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NEW YORK ( TheStreet) -- Allied World Assurance Company Holdings (NYSE: AWH) hit a new 52-week high Friday as it is currently trading at $68.45, above its previous 52-week high of $68.36 with 86,782 shares traded as of 12:08 p.m. ET. Average volume has been 288,200 shares over the past 30 days. Allied World Assurance has a market cap of $2.37 billion and is part of the financial sector and insurance industry. Shares are up 6.3% year to date as of the close of trading on Thursday. Allied World Assurance Company Holdings, AG operates as a specialty insurance and reinsurance company in Bermuda, Hong Kong, Ireland, Singapore, Switzerland, the United Kingdom, and the United States. The company has a P/E ratio of 9.7, below the average insurance industry P/E ratio of 13.6 and below the S&P 500 P/E ratio of 17.7.