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
Jan 29	B	Weak or Absent	Up	Up	Up	2.53%
Jan 26	B	Weak or Absent	Up	Up	Flat	3.17%
Jan 25	B	Weak or Absent	Up	Up	Flat	3.01%
Jan 24	B	Weak or Absent	Up	Up	Flat	3.17%
Jan 23	B	Weak or Absent	Up	Up	Flat	3.14%
Jan 22	C	Weak or Absent	Up	Up	Flat	3.62%
Jan 19	B	Weak or Absent	Up	Flat	Flat	3.78%
Jan 18	B	Weak or Absent	Up	Flat	Down	4.11%
Jan 17	B	Weak or Absent	Up	Up	Flat	3.33%
Jan 16	B	Weak or Absent	Up	Up	Flat	3.70%