Quarterly report pursuant to Section 13 or 15(d)

INSURANCE CONTRACTS ASSETS AND LIABILITIES FROM INSURANCE ACTIVITIES

v3.23.3
INSURANCE CONTRACTS ASSETS AND LIABILITIES FROM INSURANCE ACTIVITIES
 6 Months Ended
Sep. 30, 2023
Insurance [Abstract]  
INSURANCE CONTRACTS ASSETS AND LIABILITIES FROM INSURANCE ACTIVITIES INSURANCE CONTRACTS ASSETS AND LIABILITIES FROM INSURANCE ACTIVITIES
As of September 30, 2023, and March 31, 2023, insurance and reinsurance receivables of the Group was comprised of the following:
September 30, 2023
March 31, 2023
Assets:
Amounts due from policyholders $ 6,094  $ 9,699 
Claims receivable from reinsurance 1,193  1,087 
Amounts due from reinsured 289  555 
Advances received from agent 82  — 
Allowance for estimated uncollectible reinsurance (1,372) (1,325)
Insurance and reinsurance receivables: 6,286  10,016 
Unearned premium reserve, reinsurers’ share 1,418  2,379 
Reserves for claims and claims’ adjustment expenses, reinsurers’ share 1,657  1,390 
Total $ 9,361  $ 13,785 
As of September 30, 2023, and March 31, 2023, insurance and reinsurance payable of the Group was comprised of the following:
September 30, 2023
March 31, 2023
Liabilities:
Amounts payable to agents and brokers 3,251  2,466 
Amounts payable to reinsurers 1,761  2,002 
Amounts payable to insured 712  1,807 
Insurance and reinsurance payables: 5,724  6,275 
Unearned premium reserve 47,084  43,082 
Reserves for claims and claims’ adjustment expenses 156,414  133,145 
Total $ 209,222  $ 182,502