Chop the onion, red bell pepper and garlic and set aside.
Add in the chopped onion, red bell pepper, garlic, capers and olives. Cook that down for 5-8 minutes, and then add the rice into the mix. Toast rice for 3 minutes and then add the chicken back in, mixing into the rice. Add 3 cups of water, the rest of the soy adobo seasoning and bay leaves. When the chicken and rice are covered with water, bring to a boil, then cover and reduce to a simmer. Cook for 25-30 minutes until rice is cooked and chicken is nice and tender.