Quarterly report pursuant to Section 13 or 15(d)

INSURANCE CONTRACTS ASSETS AND LIABILITIES FROM INSURANCE ACTIVITIES (Tables)

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INSURANCE CONTRACTS ASSETS AND LIABILITIES FROM INSURANCE ACTIVITIES (Tables)
3 Months Ended
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