Italy's financial and insurance sectors address longevity economy

Various industry leaders and organizations in Italy are addressing the economic and social implications of increasing longevity. At the Longevity Day in Rome, Generali CEO Giancarlo Fancel emphasized the need to rethink protection and insurance models as the ratio of elderly citizens to the working-age population is projected to rise significantly by 2050.

In Porto Cervo, the Longevity Weeks Costa Smeralda 2026 are exploring the ‘Longevity Economy,’ focusing on how demographic shifts impact finance, healthcare, technology, and tourism. Experts are discussing longevity as a new asset class and its role in driving innovation in sectors like wearable technology and specialized services.

Additionally, EFPA Italia has announced its 2026 meeting in Florence, which will focus on how socio-demographic transformations are changing financial advisory, wealth management, and intergenerational asset transfer.

Separately, authorities in Lombardy are managing the aftermath of a hydrocarbon spill in the Naviglio Grande, with investigations ongoing into the responsible parties and the reimbursement of emergency response costs.