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Timmy Yip

Timmy Yip

Director

Jul 27, 2026

1:31
So it's a great idea to have you to tell us about the world of fantasy you have created.
Tim Yip
Tim YipGUEST
1:38
Yeah, actually, this is many years ago.
Tim Yip
Tim YipGUEST
1:41
And then the first time I worked with Nevis because of a good friend, John Hershko.
Tim Yip
Tim YipGUEST
1:47
And he's the writer, also a producer.
Tim Yip
Tim YipGUEST
1:50
So we worked together and he wanted me to do the set and costume at the time.
Tim Yip
Tim YipGUEST
1:57
And he was raising his hand in the game, with everything behind him.
Tim Yip
Tim YipGUEST
2:01
But at that time, I had worked with Franco Jaquan at the same time, so I came to work on the costume.

10 MINS LATER

11:42
links and the harmony of it.
10:51
And Tim, what else would you like to add on your side?
Tim Yip
Tim YipGUEST
10:55
I think that the name Cat Bond probably makes it a bit scarier than I think that they actually are.
Tim Yip
Tim YipGUEST
11:02
From the issuer or the cedent's perspective, it's really just an insurance contract.
Tim Yip
Tim YipGUEST
11:07
And so for them, they pay a premium.
Tim Yip
Tim YipGUEST
11:11
and what they receive is a promise to pay.
Tim Yip
Tim YipGUEST
11:13
It just happens that a promise to pay will be based on an insurable loss, which is linked to the event, the occurrence or non-occurrence of very rare, severe natural catastrophe events, say an earthquake to hit something like Los Angeles or San Francisco or a major hurricane that hits somewhere like Miami or Florida or something like that.
Tim Yip
Tim YipGUEST
11:42
And so from an investor's perspective, it is like a bond.

11 MINS LATER

22:57
Are those premiums sustainable or are they temporary, you know, given the various response to events like hurricanes and so forth?

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