diff --git a/src/luv.c b/src/luv.c
index 7ea1dcbb..f5e3bdbc 100644
--- a/src/luv.c
+++ b/src/luv.c
@@ -859,6 +859,12 @@ static int loop_gc(lua_State *L) {
   while (uv_loop_close(loop)) {
     uv_run(loop, UV_RUN_DEFAULT);
   }
+  // Set the loop to NULL to allow for multiple calls
+  // of luaopen_luv, e.g. requiring 'luv', then setting
+  // package.loaded['luv'] to nil, and then requiring 'luv' again.
+  // The context lives as long as the Lua state, so it's
+  // possible it could be around for multiple loops.
+  ctx->loop = NULL;
   return 0;
 }