UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                            Washington, D.C.  20549

                                    Form 13F

                              Form 13F COVER PAGE

Report for the Calendar Year or Quarter Ended: March 31, 2013

Check here if Amendment [  ]; Amendment Number:
This Amendment (Check only one.): [  ] is a restatement.
                                  [  ] adds new holdings entries.

Institutional Investment Manager Filing this Report:

Name:    KEMPER CORPORATION
Address: One East Wacker Drive, 9th Floor
         Chicago, IL  60601

13F File Number:  028-02715

The institutional investment manager filing this report and the person by whom
it is signed hereby represent that the person signing the report is authorized
to submit it, that all information contained herein is true, correct and
complete, and that it is understood that all required items, statements,
schedules, lists, and tables, are considered integral parts of this form.

Person Signing this Report on Behalf of Reporting Manager:

Name:      Richard Roeske
Title:     Vice President
Phone:     312-661-4600

Signature, Place, and Date of Signing:

 /s/ Richard Roeske     Chicago, IL     April 25, 2013

KEMPER CORPORATION FORMERLY REPORTED UNDER THE NAME UNITRIN INC.

Report Type (Check only one.):

[ X]         13F HOLDINGS REPORT.

[  ]         13F NOTICE.

[  ]         13F COMBINATION REPORT.



                              FORM 13F SUMMARY PAGE

Report Summary:

Number of Other Included Managers:         2

Form 13F Information Table Entry Total:    52

Form 13F Information Table Value Total:    $312,887 (thousands)

List of Other Included Managers:

Provide a numbered list of the name(s) and Form 13F file number(s) of all
institutional managers with respect to which this report is filed, other
than the manager filing this report.

No.  13F File Number               Name

01   028-00121                     TRINITY UNIVERSAL INSURANCE COMPANY
02   028-00117                     UNITED INSURANCE COMPANY OF AMERICA



                                    
                                                     FORM 13F INFORMATION TABLE
                                                             VALUE  SHARES/ SH/ PUT/ INVSTMT  OTHER            VOTING AUTHORITY
NAME OF ISSUER                 TITLE OF CLASS   CUSIP     (x$1000)  PRN AMT PRN CALL DSCRETN MANAGERS         SOLE   SHARED     NONE
------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
ABBOTT LABS                    COM              002824100     2119    60000 SH       OTHER   01                  0    60000        0
ABBVIE INC                     COM              00287Y109     2447    60000 SH       OTHER   01                  0    60000        0
AIR PRODS & CHEMS INC          COM              009158106     1045    12000 SH       OTHER   01                  0    12000        0
ALTRIA GROUP INC               COM              02209S103     4127   120000 SH       OTHER   01                  0   120000        0
APPLE INC                      COM              037833100     1062     2400 SH       OTHER   01                  0     2400        0
AUTOMATIC DATA PROCESSING IN   COM              053015103     2276    35000 SH       OTHER   01                  0    35000        0
BANK OF AMERICA CORPORATION    7.25%CNV PFD L   060505682      306      250 SH       DEFINED 01                250        0        0
BARCLAYS BANK PLC              ADS7.75%PFD S4   06739H511    13338   520000 SH       DEFINED 02             520000        0        0
BLACKROCK INC                  COM              09247X101     1670     6500 SH       OTHER   01                  0     6500        0
CANADIAN PAC RY LTD            COM              13645T100      652     5000 SH       OTHER   01                  0     5000        0
CATERPILLAR INC DEL            COM              149123101     3131    36000 SH       OTHER   01                  0    36000        0
CHEVRON CORP NEW               COM              166764100     7723    65000 SH       OTHER   01                  0    65000        0
CIT GROUP INC                  COM NEW          125581801      265     6099 SH       DEFINED                  6099        0        0
CIT GROUP INC                  COM NEW          125581801       40      927 SH       DEFINED                   927        0        0
COCA COLA CO                   COM              191216100     8088   200000 SH       OTHER   01                  0   200000        0
COMCAST CORP NEW               CL A             20030N101      432    10300 SH       OTHER   01                  0    10300        0
CONOCOPHILLIPS                 COM              20825C104     3306    55000 SH       OTHER   01                  0    55000        0
DIAGEO P L C                   SPON ADR NEW     25243Q205     1460    11600 SH       OTHER   01                  0    11600        0
DISNEY WALT CO                 COM DISNEY       254687106      653    11500 SH       OTHER   01                  0    11500        0
ENTERPRISE PRODS PARTNERS L    COM              293792107     4522    75000 SH       OTHER   01                  0    75000        0
EXXON MOBIL CORP               COM              30231G102     9912   110000 SH       OTHER   01                  0   110000        0
FREEPORT-MCMORAN COPPER & GO   COM              35671D857     1986    60000 SH       OTHER   01                  0    60000        0
INTEL CORP                     COM              458140100     1747    80000 SH       OTHER   01                  0    80000        0
INTERNATIONAL BUSINESS MACHS   COM              459200101     4906    23000 SH       OTHER   01                  0    23000        0
ISHARES TR                     BARCLYS INTER CR 464288638    24836   223467 SH       DEFINED 01             223467        0        0
ISHARES TR                     IBOXX INV CPBD   464287242     5396    45000 SH       DEFINED                 45000        0        0
ISHARES TR                     IBOXX INV CPBD   464287242    64746   540000 SH       DEFINED 02             540000        0        0
ISHARES TR                     IBOXX INV CPBD   464287242    29975   250000 SH       DEFINED 01             250000        0        0
JOHNSON & JOHNSON              COM              478160104     5299    65000 SH       OTHER   01                  0    65000        0
JPMORGAN CHASE & CO            COM              46625H100     3037    64000 SH       OTHER   01                  0    64000        0
KRAFT FOODS GROUP INC          COM              50076Q106     1460    28333 SH       OTHER   01                  0    28333        0
LAUDER ESTEE COS INC           CL A             518439104     1370    21400 SH       OTHER   01                  0    21400        0
MCDONALDS CORP                 COM              580135101     5284    53000 SH       OTHER   01                  0    53000        0
MERCK & CO INC NEW             COM              58933Y105     1547    35000 SH       OTHER   01                  0    35000        0
MONDELEZ INTL INC              CL A             609207105     2602    85000 SH       OTHER   01                  0    85000        0
NRG ENERGY INC                 COM NEW          629377508        3      118 SH       DEFINED                   118        0        0
OCCIDENTAL PETE CORP DEL       COM              674599105     2547    32500 SH       OTHER   01                  0    32500        0
PEPSICO INC                    COM              713448108     3560    45000 SH       OTHER   01                  0    45000        0
PHILIP MORRIS INTL INC         COM              718172109    11125   120000 SH       OTHER   01                  0   120000        0
PHILLIPS 66                    COM              718546104     1924    27500 SH       OTHER   01                  0    27500        0
PLAINS ALL AMERN PIPELINE L    UNIT LTD PARTN   726503105     7342   130000 SH       OTHER   01                  0   130000        0
POWERSHARES ETF TRUST II       SENIOR LN PORT   73936Q769    30120  1200000 SH       DEFINED 02            1200000        0        0
PRAXAIR INC                    COM              74005P104     2008    18000 SH       OTHER   01                  0    18000        0
PROCTER & GAMBLE CO            COM              742718109     4654    60400 SH       OTHER   01                  0    60400        0
RESOLUTE FST PRODS INC         COM              76117W109       65     3993 SH       DEFINED 02               3993        0        0
TARGET CORP                    COM              87612E106     2875    42000 SH       OTHER   01                  0    42000        0
TCP CAP CORP                   COM              87238Q103    11830   741225 SH       DEFINED 01             741225        0        0
TEXAS INSTRS INC               COM              882508104     1774    50000 SH       OTHER   01                  0    50000        0
TIME WARNER CABLE INC          COM              88732J207     1345    14000 SH       OTHER   01                  0    14000        0
WALGREEN CO                    COM              931422109     2365    49600 SH       OTHER   01                  0    49600        0
WAL-MART STORES INC            COM              931142103     3218    43000 SH       OTHER   01                  0    43000        0
WILLIAMS PARTNERS L P          COM UNIT L P     96950F104     3367    65000 SH       OTHER   01                  0    65000        0