AM Best has affirmed the Financial Strength Rating of B++ [Good] and the Long-Term Issuer Credit Rating of “bbb+” [Good] of Black Gold Re Limited [BGRe] [Bermuda]. The ratings agency said, “The outlook of these Credit Ratings [ratings] is stable. BGRe is a captive reinsurer of Ecopetrol S.A. [Ecopetrol] [NYSE: EC], a Colombia-based integrated energy company […]