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INSURANCE CONTRACTS ASSETS AND LIABILITIES FROM INSURANCE ACTIVITIES (Tables)
3 Months Ended
Jun. 30, 2025
Insurance [Abstract]  
Insurance and reinsurance receivables
As of June 30, 2025, and March 31, 2025, insurance and reinsurance receivables of the Group were comprised of the following:

Insurance contract assets
June 30, 2025
March 31, 2025
Assets:
Amounts due from policyholders$10,540 $15,197 
Claims receivable from reinsurance5,028 3,023 
Amounts due from reinsured4,665 5,583 
Advances paid for reinsurance
1,467 5,364 
Less provision for impairment losses(3,669)(2,432)
Insurance and reinsurance receivables18,031 26,735 
Unearned premium reserve, reinsurers’ share5,558 7,028 
Reserves for claims and claims’ adjustment expenses, reinsurers’ share2,343 3,420 
Total$25,932 $37,183 
Insurance and reinsurance payables
As of June 30, 2025, and March 31, 2025, insurance and reinsurance payables of the Company was comprised of the following:
June 30, 2025
March 31, 2025
Liabilities:
Amounts payable to insured
6,373 9,417 
Amounts payable to agents and brokers3,747 6,287 
Amounts payable to reinsurers
841 1,669 
Insurance and reinsurance payables:10,961 17,373 
Unearned premium reserve102,735 87,194 
Reserves for claims and claims’ adjustment expenses405,361 376,972 
Total$519,057 $481,539 
Schedule of liability for unpaid claims and claims adjustment expense
Reserve Rollforward Table
June 30, 2025
March 31, 2025
Reserves for claims and claims' adjustment expenses, beginning of the period
$376,972 $223,693 
Reinsurance share, beginning of the period
(3,420)(4,032)
Reserves for claims and claims' adjustment expenses, net of reinsurance
373,552 219,661 
Claims and claims' adjustment expenses incurred:
Current period
49,209 234,782 
Prior periods, excluding discount and amortization of deferred gain
6,215 (6,429)
Total claims and claims' adjustment expenses incurred
55,424 228,353 
Claims and claims' adjustment expenses paid:
Current period
(6,475)(27,551)
Prior periods
(8,115)(14,290)
Total claims and claims' adjustment expenses paid
(14,590)(41,841)
Other changes:
Foreign exchange effect(11,368)(32,621)
Total other changes(11,368)(32,621)
Reserves for claims and claims' adjustment expenses, end of the period
405,361 376,972 
Reinsurance share, end of the period
(2,343)(3,420)
Total$403,018 $373,552 
Schedule of short and long duration contracts within the insurance portfolio
Allocation by Contract Type
Reserves for claims and claims' adjustment expenses, net of reinsurance
Long-DurationShort-DurationTotal
June 30, 2025
$319,393 $83,625 $403,018 
March 31, 2025
$289,275 $84,277 $373,552