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NEW YORK ( TheStreet) -- Travelers Companies (NYSE: TRV) hit a new 52-week high Thursday as it is currently trading at $64.21, above its previous 52-week high of $64.17 with 1.6 million shares traded as of 1:05 p.m. ET. Average volume has been 3.1 million shares over the past 30 days. Travelers Companies has a market cap of $24.65 billion and is part of the financial sector and insurance industry. Shares are up 7.8% year to date as of the close of trading on Wednesday. The Travelers Companies, Inc., through its subsidiaries, provides various commercial and personal property and casualty insurance products and services to businesses, government units, associations, and individuals primarily in the United States. The company has a P/E ratio of 18.4, below the average insurance industry P/E ratio of 18.6 and above the S&P 500 P/E ratio of 17.7.