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Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model. NEW YORK ( TheStreet) -- PartnerRe (NYSE: PRE) hit a new 52-week high Wednesday as it is currently trading at $94.29, above its previous 52-week high of $94.26 with 89,733 shares traded as of 10:20 a.m. ET. Average volume has been 556,400 shares over the past 30 days. PartnerRe has a market cap of $5.37 billion and is part of the financial sector and insurance industry. Shares are up 16.1% year to date as of the close of trading on Tuesday. PartnerRe Ltd., through its subsidiaries, provides reinsurance services worldwide. The company has a P/E ratio of 5.5, below the S&P 500 P/E ratio of 17.7.