AVLA Re, established in January 2022, operates as a Class 3A insurer in Bermuda. It reinsures business from subsidiaries of its parent company, AVLA Bermuda Holding Corp Ltd. (ABHC), which has operations in Chile, Peru, Mexico, and Brazil. Although AVLA Re currently reinsures only within the ABHC group, it plans to expand into third-party reinsurance over the medium to long term.