(CB) - Get Report

said Thursday that its board has decided to boost the Warren, N.J., insurer's quarterly dividend to 35 cents a share from 33 cents, a 6.1% increase.

The dividend is payable April 7 to shareholders of record on March 20.

However, despite the increase, Chubb, a property and casualty insurer, didn't see its shares benefit. Recently the stock was down 0.3% at $40.14.

Still, Chubb's ability to lift its dividend contrasts with other recent headlines in the wider insurance universe, where some firms are having to take drastic steps to preserve capital. For instance,


(ALL) - Get Report

cut its payout in half this week, and


(HIG) - Get Report


lowered its rate


Elsewhere in the sector,


(AIG) - Get Report

was up 8.8% at 50 cents, and


(CNA) - Get Report

was adding 4.3% to $8.70.


(TRV) - Get Report

was down 1.8% to $37.23, while

American Financial

(AFG) - Get Report

was up 0.9% at $16.10.