diff --git a/pytest_asyncio/plugin.py b/pytest_asyncio/plugin.py
index 309bdf76..cd109021 100644
--- a/pytest_asyncio/plugin.py
+++ b/pytest_asyncio/plugin.py
@@ -129,9 +129,12 @@ async def setup():
             if kw not in request.keywords:
                 continue
             policy = asyncio.get_event_loop_policy()
-            old_loop = policy.get_event_loop()
+            try:
+                old_loop = policy.get_event_loop()
+                fixturedef.addfinalizer(lambda: policy.set_event_loop(old_loop))
+            except RuntimeError:
+                pass
             policy.set_event_loop(loop)
-            fixturedef.addfinalizer(lambda: policy.set_event_loop(old_loop))
 
 
 @pytest.mark.tryfirst
diff --git a/tests/test_simple.py b/tests/test_simple.py
index 35995d97..d1ed72cd 100644
--- a/tests/test_simple.py
+++ b/tests/test_simple.py
@@ -7,7 +7,7 @@
 
 
 @asyncio.coroutine
-def async_coro(loop):
+def async_coro(loop=None):
     """A very simple coroutine."""
     yield from asyncio.sleep(0, loop=loop)
     return 'ok'
@@ -143,3 +143,19 @@ def test_asyncio_marker_method(self, event_loop):
         """Test the asyncio pytest marker in a Test class."""
         ret = yield from async_coro(event_loop)
         assert ret == 'ok'
+
+
+class TestUnexistingLoop:
+
+    @pytest.fixture
+    def remove_loop(self):
+        old_loop = asyncio.get_event_loop()
+        asyncio.set_event_loop(None)
+        yield
+        asyncio.set_event_loop(old_loop)
+
+    @pytest.mark.asyncio
+    def test_asyncio_marker_without_loop(self, remove_loop):
+        """Test the asyncio pytest marker in a Test class."""
+        ret = yield from async_coro()
+        assert ret == 'ok'