Malaysia Airlines Flight 370 and replaced it with Flight 318 (MH318) beginning 14 March. This follows a common practice among airlines to rename flights following notorious accidents. The flight—Malaysia Airline's second daily flight to Beijing—was later suspended beginning 2 May; according to insiders, this was due to lack of demand. Malaysia Airlines was given US$110 million from insurers in March 2014 to cover initial payments to passengers' families and the search effort. In May, remarks from lead reinsurer of the flight, Allianz, indicated the insured market loss on Flight 370, including the search, was about US$350 million. At the time of Flight 370's disappearance,
Malaysia Airlines Flight 370 Flight 214 (3 fatalities). In both of those categories, Flight 370 was surpassed 131 days later by Malaysia Airlines Flight 17, another Boeing 777-200ER, which was shot down on 17 July 2014, killing all 298 people aboard. The news media reported several sightings of an aircraft fitting the description of the missing Boeing 777. For example, on 19 March 2014, CNN reported that witnesses, including fishermen, an oil rig worker and people on the Kuda Huvadhoo atoll in the Maldives saw the missing airliner. A fisherman claimed to have seen an unusually-low-flying aircraft off the coast of Kota Bharu; while