CEO Timothy B. Derham focuses on long-term sustainability while continuing to deliver meaningful value
OKLAHOMA CITY, OK, April 04, 2026 /24-7PressRelease/ — Universal Casualty Risk Retention Group, Inc., an Oklahoma-based association captive insurer authorized to operate as a Risk Retention Group, announced that it has doubled its surplus to approximately $15.5 million. The company also reported a Risk-Based Capital (RBC) ratio of 553%, underscoring its strong financial performance, disciplined underwriting practices, and continued operational stability.
“Our conservative underwriting strategy, combined with a customer-centered claims approach, has enabled Universal Casualty to achieve these strong results,” said CEO Timothy B. Derham. “We remain focused on long-term sustainability while continuing to deliver meaningful value to our members.”
Derham added, “We were recently granted the ability, consistent with other risk retention groups, to report our financials under Generally Accepted Accounting Principles (GAAP). This enhancement allows us to deliver even more cost-effective risk solutions to our members while increasing transparency and operational efficiency.”
The company’s continued growth reflects its commitment to prudent risk management, strong member relationships, and a consistent focus on financial strength. Universal Casualty Risk Retention Group provides specialized insurance solutions designed to meet the needs of its member organizations while maintaining stability, flexibility, and long-term performance.
About Universal Casualty Risk Retention Group, Inc:
Universal Casualty Risk Retention was founded in 2017 for the purpose of serving the Auto Service industry.
For more information, visit www.universalcasualty.com
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