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Industry needs unified solution to insurance "failure": ASIC

Insurers and financial advisers must stop pointing fingers and create a unified response to address insurance sector failures, the Australian Securities and Investments Commissions (ASIC) deputy chair Peter Kell said.

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Read more: Peter KellInsuranceASICAustralian SecuritiesInvestments CommissionsMacquarie advisersMacquarie Private WealthMedcraftSenate Economics CommitteeASIC chairman Greg MedcraftEUPenske FileSenator John Williams statement