Simplify the following text for a Grade 16 native English-speaking person.
Original: It also owns other insurance companies ( completely or partly ) in countries like Argentina , Brazil , Chile , China ( including Hong Kong ) , Colombia , India , Poland , Portugal , Singapore , Spain , Thailand , Turkey , Venezuela , and Vietnam .
Simplified: LMG owns , wholly or in part , local insurance companies in Argentina , Brazil , Chile , China ( including Hong Kong ) , Colombia , India , Poland , Portugal , Singapore , Spain , Thailand , Turkey , Venezuela , and Vietnam .