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
Sep 14	B	Weak or Absent	Up	Up	Up	5.16%
Sep 13	B	Weak or Absent	Flat	Flat	Up	6.09%
Sep 12	C	Weak or Absent	Down	Flat	Up	6.64%
Sep 11	C	Weak or Absent	Down	Flat	Up	6.64%
Sep 8	C	Weak or Absent	Down	Down	Up	6.77%
Sep 7	C	Weak or Absent	Down	Down	Flat	7.51%
Sep 6	D	Weak or Absent	Down	Down	Down	8.39%
Sep 5	D	Weak or Absent	Down	Down	Down	9.29%
Sep 1	D	Weak or Absent	Down	Down	Down	8.35%
Aug 31	D	Weak or Absent	Down	Down	Up	7.12%