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INSURANCE CONTRACTS ASSETS AND LIABILITIES | 3 Months Ended
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Jun. 30, 2022
Insurance [Abstract] |
Insurance Contract Assets and Liabilities | INSURANCE CONTRACTS ASSETS AND LIABILITIES As of June 30, 2022, and March 31, 2022, insurance and reinsurance receivables of the Company was comprised of the following:
| June 30, 2022 |  | March 31, 2022
Assets: |  |  | (Recast)
Amounts due from policyholders | $ | 5,031 |  |  | $ | 3,500 |
Claims receivable from reinsurance | 799 |  |  | 769 |
Amounts due from reinsured | 33 |  |  | 23 |
Less provision for impairment losses | (424) |  |  | (343) |
Insurance and reinsurance receivables: | 5,439 |  |  | 3,949 |
Unearned premium reserve, reinsurers’ share | 126 |  |  | 143 |
Reserves for claims and claims’ adjustment expenses, reinsurers’ share | 1,605 |  |  | 1,620 |
Total | $ | 7,170 |  |  | $ | 5,712 |
As of June 30, 2022, and March 31, 2022, the premium receivables from policyholders increased due to the expansion of operations. As of June 30, 2022, and March 31, 2022, insurance and reinsurance asset activities was $7,170 and $5,712, respectively. As of June 30, 2022, and March 31, 2022, insurance and reinsurance payable of the Company was comprised of the following:
| June 30, 2022 |  | March 31, 2022
Liabilities: |  |  | (Recast)
Amounts payable to insured | $ | 690 |  |  | $ | 685 |
Amounts payable to reinsurers | 282 |  |  | 402 |
Amounts payable to agents and brokers | 2,200 |  |  | 1,981 |
Insurance and reinsurance payables: | 3,172 |  |  | 3,068 |
Unearned premium reserve | 22,302 |  |  | 17,985 |
Reserves for claims and claims’ adjustment expenses | 110,089 |  |  | 98,437 |
Total | $ | 135,563 |  |  | $ | 119,490 |
As of June 30, 2022, and March 31, 2022, the amount payable to agents and brokers increased due to the expansion of operations. As of June 30, 2022, and March 31, 2022, liabilities resulting from the Company's insurance and reinsurance activities was $135,563 and $119,490, respectively.

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- Definition The entire disclosure for the types of coverages and products sold, and the assets, obligations, recorded liabilities, revenues and expenses arising therefrom, and the amounts of and methodologies and assumptions used in determining the amounts of such items. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -URI http://asc.fasb.org/topic&trid=2303980 + Details
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