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ACCOUNTS RECEIVABLE AND PAYABLE FROM INSURANCE CONTRACTS - Accounts receivable (Details) - PEN (S/)
S/ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
NET PREMIUMS EARNED      
Balances at the beginning of the period S/ 791,704 S/ 842,043 S/ 715,695
Reported claims of premiums ceded, Note 26 283,041 321,375 367,969
Reserve risk in progress of premiums ceded, Note 25(a)(**) 23,186 (14,935) 34,709
Premiums assumed   668 5,882
Settled claims of premiums ceded by reinsurance contracts (229,729) (226,769) (238,936)
Collections and others, net [1] 51,217 (130,678) (43,276)
Balances at the end of the period S/ 919,419 S/ 791,704 S/ 842,043
[1] As of December 31, 2020, the balance consists of collections made to reinsurers, which were reduced by S/10.0 million, as well as the effect of exchange difference for approximately S/55.0 million; As of December 31, 2019, collections made amounted to S/ 115.0 million and the effect of exchange difference for S/ (4.4) million.