Indequity Group Limited provided group earnings guidance for the six months ended March 31, 2017. For the period, the group group's basic earnings per share (EPS) is expected to be between 22.00 and 23.24 cents per share, which is between 25% and 29% lower than the previous corresponding period's EPS of 30.98 cents per share; and the group's headline earnings per share (HEPS) is expected to be between 23.54 and 24.78 cents per share, which is between 20% and 24% lower than the previous corresponding period's HEPS of 30.98 cents per share. The decline in EPS and HEPS is largely due to severe flash floods in Gauteng during November 2016, resulting in unusually high claims reported during this period.