What type of risk refers specifically to the insured person or property?

The term that specifically refers to the insured person or property is "Subject" risk. This category of risk directly relates to the entity or item that is being covered by an insurance policy. In insurance terminology, a subject risk can include any aspects that pertain to the individual or property that could potentially be insured against losses. This concept highlights the focus on identifying the specific characteristics of the person or asset being insured, which helps insurers evaluate the level of risk associated with providing coverage.

In contrast, other types of risks mentioned, such as eligible risk, calculated risk, and uninsurable risk, encompass broader or different perspectives. Eligible risks generally refer to those that meet the criteria for being insurable under specific conditions. Calculated risks involve situations where the probability of loss can be assessed and managed, and uninsurable risks are those that are not feasible for an insurer to cover due to their nature or unpredictability. Therefore, "Subject" risk is the most precise term that pinpoints the insured individual or property.