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 no debris from Flight 370. In late May, work on a bathymetric survey begins in preparation for the next phase of the search. In early April, Malaysia submits a preliminary report to the ICAO, which is publicly released on 1 May along with recordings of conversations between Flight 370 and air traffic control. On 27 May, the complete log of transmissions between Flight 370 and Inmarsat via satellite are released, following weeks of public pressure. During this time, preparations are made for the next phase of the search, which was initially scheduled to begin in August, but did not commence