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NEW YORK ( TheStreet) -- American International Group (NYSE: AIG) hit a new 52-week high Friday as it is currently trading at $46.48, above its previous 52-week high of $46.46 with 3.7 million shares traded as of 10:51 a.m. ET. Average volume has been 17.2 million shares over the past 30 days. American International Group has a market cap of $67.5 billion and is part of the financial sector and insurance industry. Shares are up 29.5% year to date as of the close of trading on Thursday. American International Group, Inc. engages in the provision of insurance products and services for the commercial, institutional, and individual customers in the United States and internationally. The company operates in three segments: Chartis, SunAmerica Financial Group, and Aircraft Leasing.