This was also the case in china, but the age structure is different:
"A study in JAMA this week found that almost 40 per cent of infections and 87 per cent of deaths in the country have been in patients over 70 years old."
"An older population skew within the infected population explains most of the disparity in fatality rates between high and low countries. According to a study of the fatalities of COVID-19 cases in Italy, 99% of all deaths had an underlying pathology. Only 0.8% had no underlying condition."
Seems like a perfect storm for the elderly in italy who smoke a lot and most of them having an underlying condition like cardiovascular disease or diabetes II.