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
Dec 22	B	Weak or Absent	Up	Up	Up	2.68%
Dec 21	B	Weak or Absent	Up	Up	Up	3.29%
Dec 20	B	Weak or Absent	Up	Up	Up	3.33%
Dec 19	B	Weak or Absent	Up	Up	Up	4.11%
Dec 18	B	Weak or Absent	Up	Up	Up	5.16%
Dec 15	B	Weak or Absent	Up	Up	Up	4.57%
Dec 14	B	Weak or Absent	Up	Up	Up	4.11%
Dec 13	C	Weak or Absent	Flat	Up	Flat	5.93%
Dec 12	D	Weak or Absent	Down	Down	Down	7.41%
Dec 11	D	Weak or Absent	Down	Down	Down	7.23%