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,
Timeline of Malaysia Airlines Flight 370 may have turned back from its flight path; the following day, officials confirm Flight 370 turned back towards Malaysia. On 15 March, Malaysian Prime Minister Najib Razak announced that Flight 370 had remained in contact with a satellite communication network for several hours after it disappeared and that the aircraft was last located by military radar over the Andaman Sea. Analysis of these communications indicate the last communication with the aircraft was made when it was along one of two corridors; one stretching northwest to Central Asia and one stretching southwest into the southern Indian Ocean. The northern corridor was