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 12	B	Weak or Absent	Up	Up	Up	2.65%
Jan 11	B	Weak or Absent	Up	Up	Flat	3.01%
Jan 10	B	Weak or Absent	Up	Up	Flat	3.41%
Jan 9	B	Weak or Absent	Up	Up	Flat	2.93%
Jan 8	C	Weak or Absent	Up	Up	Flat	3.46%
Jan 5	B	Weak or Absent	Up	Up	Flat	3.58%
Jan 4	B	Weak or Absent	Up	Up	Flat	3.31%
Jan 3	A	Weak or Absent	Up	Up	Flat	3.25%
Jan 2	C	Weak or Absent	Up	Up	Flat	3.59%
Dec 29	C	Weak or Absent	Up	Up	Flat	3.78%