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INSURANCE CONTRACTS ASSETS AND LIABILITIES
6 Months Ended
Sep. 30, 2022
Insurance [Abstract]  
Insurance contract assets and liabilities INSURANCE CONTRACTS ASSETS AND LIABILITIES FROM INSURANCE ACTIVITIES
As of September 30, 2022, and March 31, 2022, insurance and reinsurance receivables of the Company was comprised of the following:
September 30, 2022
March 31, 2022
Assets:(Recasted)
Amounts due from policyholders$6,061 $3,500 
Claims receivable from reinsurance993 769 
Amounts due from reinsured61 23 
Less provision for impairment losses(880)(343)
Insurance and reinsurance receivables:6,235 3,949 
Unearned premium reserve, reinsurers’ share4,714 143 
Reserves for claims and claims’ adjustment expenses, reinsurers’ share1,763 1,620 
Total $12,712 $5,712 
As of September 30, 2022, and March 31, 2022, the premium receivables from policyholders increased due to the expansion of operations.
As of September 30, 2022, and March 31, 2022, insurance and reinsurance payable of the Company was comprised of the following:
September 30, 2022
March 31, 2022
Liabilities:(Recasted)
Amounts payable to reinsurers$2,109 $402 
Amounts payable to insured1,768 685 
Amounts payable to agents and brokers734 1,981 
Insurance and reinsurance payables:4,611 3,068 
Unearned premium reserve31,535 17,985 
Reserves for claims and claims’ adjustment expenses113,931 98,437 
Total$150,077 $119,490 
As of September 30, 2022, and March 31, 2022, the amount payable to agents and brokers increased due to the expansion of operations.