Quarterly report pursuant to Section 13 or 15(d)

INSURANCE CONTRACTS ASSETS AND LIABILITIES (Tables)

v3.23.1
INSURANCE CONTRACTS ASSETS AND LIABILITIES (Tables)
 3 Months Ended
Jun. 30, 2022
Insurance [Abstract]  
Insurance and reinsurance receivables
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 
Insurance and reinsurance payables
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