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NEW YORK ( TheStreet) -- Markel Corporation (NYSE: MKL) hit a new 52-week high Wednesday as it is currently trading at $434.77, above its previous 52-week high of $430.26 with 17,517 shares traded as of 10:04 a.m. ET. Average volume has been 25,900 shares over the past 30 days. Markel has a market cap of $3.93 billion and is part of the financial sector and insurance industry. Shares are up 2.4% year to date as of the close of trading on Tuesday. Markel Corporation markets and underwrites specialty insurance products in the United States and internationally. It operates in three segments: Excess and Surplus Lines, Specialty Admitted, and London Insurance Market. The company has a P/E ratio of 29.2, above the average insurance industry P/E ratio of 17.2 and above the S&P 500 P/E ratio of 17.7.