Not according to the disaster planning expert (and coastal geomorphologist) down the hall from me. He points out that there are plenty of cases where people have rebuilt in exactly the same spot, in areas that were destroyed by storms etc. -- unless there is some kind of law (written or otherwise) that prevents them from building near the water, they will do it. Thailand, by the way, does have coastline development restrictions, which are frequently waived by tourism operators. That's one of the reasons why so many hotels were smashed. And it's not as though there haven't been smaller-scale tsunamis or typhoons in the region before, so people know that shorelines are dangerous.
If global warming means that sea levels will get higher, and a storm or other type of surge goes hundreds of yards further inland -- much broader areas would be affected than today. Just walking down by the shore, people might not notice that the water levels are higher than they were several decades ago. But the potential for more damaging waves is definitely there.
And added to this is the fact that coastal populations continue to grow. A hundred years ago, this disaster wouldn't have affected as many people, simply because the world population was under 2 billion. We're going to be around 8 or 9 billion by mid-century.
As an environmental scientist, I would bet against Appell. If present development patterns continue (and that's what the trends predict, unfortunately) -- there would be more casualties and more property damage, if the same area were hit in 100 years and there are no significant changes in development policy or warning/evacuation systems.
This is why the big insurance companies are concerned about the potential impacts of disasters -- even before global warming became a public issue, they knew that the expansion of built-up areas could mean more potential losses for them.
http://www.dw-world.de/dw/article/0,1564,1360362,00.html