A cutting tool includes a replaceable cutting insert and a tool body. The tool body includes a tool body surface and an insert pocket recessed therein. The cutting insert is releasably retained in the insert pocket. The tool body includes at least one coolant duct that has an outlet orifice that opens out in a coolant chamber. The coolant chamber is bounded on a side opposite the outlet orifice by a coolant deflection portion that is integrally formed with the tool body in a unitary one-piece construction and at least partially overhangs the outlet orifice in a direction towards the insert pocket. The coolant deflection portion has a chamber deflection surface configured to deflect a coolant in the direction of a cutting edge of a cutting insert seated in insert pocket.