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INSURANCE CONTRACTS ASSETS AND LIABILITIES FROM INSURANCE ACTIVITIES
 12 Months Ended
Mar. 31, 2023
Insurance [Abstract]  
INSURANCE CONTRACTS ASSETS AND LIABILITIES FROM INSURANCE ACTIVITIES INSURANCE CONTRACTS ASSETS AND LIABILITIES FROM INSURANCE ACTIVITIES
As of March 31, 2023, and March 31, 2022, insurance and reinsurance receivables of the Company was comprised of the following:
March 31, 2023
March 31, 2022
Assets:(Recasted)
Amounts due from policyholders$9,699 $3,500 
Claims receivable from reinsurance1,087 769 
Amounts due from reinsured555 23 
Less provision for impairment losses(1,325)(343)
Insurance and reinsurance receivables:10,016 3,949 
Unearned premium reserve, reinsurers’ share2,379 143 
Reserves for claims and claims’ adjustment expenses, reinsurers’ share1,390 1,620 
Total $13,785 $5,712 
As of March 31, 2023, and March 31, 2022, the premium receivables from policyholders increased due to the expansion of operations.
As of March 31, 2023, and March 31, 2022, insurance and reinsurance payable of the Company was comprised of the following:
March 31, 2023
March 31, 2022
Liabilities:(Recasted)
Amounts payable to agents and brokers$2,466 $1,981 
Amounts payable to reinsurers2,002 402 
Amounts payable to insured1,807 685 
Insurance and reinsurance payables:6,275 3,068 
Unearned premium reserve43,082 17,985 
Reserves for claims and claims’ adjustment expenses133,145 101,034 
Total$182,502 $122,087 
As of March 31, 2023, and March 31, 2022, liabilities from insurance activity mainly changed due to the increase of reserves for claims and claim's adjustment expenses, unearned premium reserve and the amount payable to agents and brokers as a result of the expansion of operations.