INSURANCE CONTRACTS ASSETS AND LIABILITIES FROM INSURANCE ACTIVITIES (Tables)

9 Months Ended

Dec. 31, 2023

Insurance [Abstract]

Insurance and reinsurance receivables

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

	December 31, 2023		March 31, 2023
Assets:
Amounts due from policyholders	$	7,301	$	9,699
Claims receivable from reinsurance	1,316		1,087
Amounts due from reinsured	478		555
Advances received from agent	121		—
Allowance for estimated uncollectible reinsurance	(778)		(1,325)
Insurance and reinsurance receivables:	8,438		10,016
Unearned premium reserve, reinsurers’ share	2,282		2,379
Reserves for claims and claims’ adjustment expenses, reinsurers’ share	2,008		1,390
Total	$	12,728	$	13,785

Insurance and reinsurance payables

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

	December 31, 2023		March 31, 2023
Liabilities:
Amounts payable to agents and brokers	3,599		$	2,466
Amounts payable to reinsurers	2,410		2,002
Amounts payable to insured	2,114		1,807
Insurance and reinsurance payables:	8,123		6,275
Unearned premium reserve	46,000		43,082
Reserves for claims and claims’ adjustment expenses	188,056		133,145
Total	$	242,179	$	182,502