Abstract: The present invention relates to a coated cutting insert with excellent toughness properties particularly useful for toughness demanding short hole drilling in general steel materials and a method of making the same. The inserts comprise a substrate and a coating. The substrate comprises WC, from about 8 to about 11 wt-% Co and from about 0.2 to about 0.5 wt-% Cr with an average WC-grain size of from about 0.5 to about 1.5 ?m and a CW-ratio of from about 0.80 to about 0.90. The coating comprises a first (innermost) layer of TiCxNyOz with a thickness less than about 1.5 ?m, a layer of TiCxNyOz with a thickness of from about 1 to about 8 ?m with columnar grains, a layer of fine-grained grain ?-Al2O3 with a thickness of from about 0.5 to about 5 ?m and a further layer less than about 1 ?m thick of TiCxNyOz whereby at the rake face the outermost TiCxNyOz-layer and Al2O3-layer are fully or partly missing.