Chicago-based insurance broker Aon Corp. reported third-quarter net income dropped 43 percent, but organic growth rose 2 percent despite declining prices.

Aon's net income for the third quarter fell by $87 million, going from $204 million, or 69 cents a share last year, to $117 million, or 43 cents a share. Revenues increased 6 percent, or $98 million, to $1.85 billion.

For the three quarters combined, net income rose 123 percent, or $811 million, to $1.47 billion, or $5.07 a share, compared to $657 million, or $2.22, for the same period last year. Revenues for the nine months rose 7 percent, or $350 million, to $5.7 billion.

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