P/E and insurance stocks

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kenwood
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P/E and insurance stocks

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I notice the US insurance stocks such as AIG has a very low P/E (i.e. 10), while the Canadian insurance stocks such as SLF has a P/E closer to 30. Does anyone know why there is such a huge discrepancy? Is P/E a good metric to evaluate insurance stocks? If not what are the correct metrics to use?
ig17
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Re: P/E and insurance stocks

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