Trend Table for RZB - Reinsurance Group of America, Incorporated 5.75% Fixed-To-Floating Rate Subordinated Debentures due 2056

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 22	C	Weak or Absent	Up	Flat	Flat	3.45%
May 21	C	Weak or Absent	Up	Flat	Flat	3.33%
May 20	B	Weak or Absent	Up	Up	Flat	3.08%
May 17	C	Weak or Absent	Up	Flat	Flat	3.41%
May 16	B	Weak or Absent	Up	Up	Flat	2.80%
May 15	B	Weak or Absent	Up	Up	Flat	2.76%
May 14	B	Weak or Absent	Up	Up	Flat	3.16%
May 13	B	Weak or Absent	Up	Up	Flat	3.21%
May 10	B	Weak or Absent	Up	Up	Flat	3.29%
May 9	B	Weak or Absent	Up	Up	Flat	3.37%