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INSURANCE CONTRACTS ASSETS AND LIABILITIES FROM INSURANCE ACTIVITIES (Tables) | 3 Months Ended
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Jun. 30, 2024
Insurance [Abstract] |
Insurance and reinsurance receivables | As of June 30, 2024, and March 31, 2024, insurance and reinsurance receivables of the Group was comprised of the following:
| June 30, 2024 |  | March 31, 2024
Assets: |  |  |
Amounts due from policyholders | $ | 9,624 |  |  | $ | 10,260 |
Amounts due from reinsured | 3,185 |  |  | 2,274 |
Advances received from agent | 1,602 |  |  | 3,231 |
Claims receivable from reinsurance | 1,541 |  |  | 1,400 |
Allowance for estimated uncollectible reinsurance | (1,168) |  |  | (1,045) |
Insurance and reinsurance receivables: | 14,784 |  |  | 16,120 |
Unearned premium reserve, reinsurers’ share | 4,929 |  |  | 4,770 |
Reserves for claims and claims’ adjustment expenses, reinsurers’ share | 5,236 |  |  | 4,032 |
Total | $ | 24,949 |  |  | $ | 24,922 |
Insurance and reinsurance payables | As of June 30, 2024, and March 31, 2024, insurance and reinsurance payable of the Group was comprised of the following:
| June 30, 2024 |  | March 31, 2024
Liabilities: |  |  |
Amounts payable to agents and brokers | $ | 5,955 |  |  | $ | 6,334 |
Amounts payable to insurers | 3,983 |  |  | 4,294 |
Amounts payable to reinsured | 786 |  |  | 2,771 |
Insurance and reinsurance payables: | 10,724 |  |  | 13,399 |
Unearned premium reserve | 70,518 |  |  | 60,088 |
Reserves for claims and claims’ adjustment expenses | 239,152 |  |  | 223,693 |
Total | $ | 320,394 |  |  | $ | 297,180 |

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