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NEW YORK ( TheStreet) -- PartnerRe (NYSE: PRE) hit a new 52-week high Thursday as it is currently trading at $74.81, above its previous 52-week high of $74.75 with 508,959 shares traded as of 3:35 p.m. ET. Average volume has been 502,100 shares over the past 30 days. PartnerRe has a market cap of $4.71 billion and is part of the financial sector and insurance industry. Shares are up 13.7% year to date as of the close of trading on Wednesday. PartnerRe Ltd., through its subsidiaries, provides reinsurance services worldwide. The company has a P/E ratio of 8.3, equal to the average insurance industry P/E ratio and below the S&P 500 P/E ratio of 17.7.