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 8	B	Weak or Absent	Up	Up	Flat	3.15%
May 7	A	Weak or Absent	Up	Up	Up	2.76%
May 6	A	Weak or Absent	Up	Up	Up	2.87%
May 3	A	Weak or Absent	Up	Up	Up	2.72%
May 2	A	Weak or Absent	Up	Up	Flat	3.49%
May 1	A	Weak or Absent	Up	Flat	Flat	3.95%
Apr 30	B	Weak or Absent	Up	Flat	Flat	3.95%
Apr 29	C	Weak or Absent	Up	Flat	Flat	4.16%
Apr 26	D	Weak or Absent	Up	Flat	Flat	4.45%
Apr 25	C	Weak or Absent	Up	Flat	Flat	4.16%