INSURANCE CONTRACTS ASSETS AND LIABILITIES FROM INSURANCE ACTIVITIES (Tables)

6 Months Ended

Sep. 30, 2023

Insurance [Abstract]

Insurance and reinsurance receivables

As of September 30, 2023, and March 31, 2023, insurance and reinsurance receivables of the Group was comprised of the following:

	September 30, 2023		March 31, 2023
Assets:
Amounts due from policyholders	$	6,094	$	9,699
Claims receivable from reinsurance	1,193		1,087
Amounts due from reinsured	289		555
Advances received from agent	82		—
Allowance for estimated uncollectible reinsurance	(1,372)		(1,325)
Insurance and reinsurance receivables:	6,286		10,016
Unearned premium reserve, reinsurers’ share	1,418		2,379
Reserves for claims and claims’ adjustment expenses, reinsurers’ share	1,657		1,390
Total	$	9,361	$	13,785

Insurance and reinsurance payables

As of September 30, 2023, and March 31, 2023, insurance and reinsurance payable of the Group was comprised of the following:

	September 30, 2023		March 31, 2023
Liabilities:
Amounts payable to agents and brokers	3,251		2,466
Amounts payable to reinsurers	1,761		2,002
Amounts payable to insured	712		1,807
Insurance and reinsurance payables:	5,724		6,275
Unearned premium reserve	47,084		43,082
Reserves for claims and claims’ adjustment expenses	156,414		133,145
Total	$	209,222	$	182,502